1/5/07 Purchased 100 bags of milk at #10.00k each
3/5/07 Purchased 60 bags of milk at #11.50k each
15/5/07 Issued 85 bags of milk
15/5/07 Purchased 180 bags of milk at #12.80K each
22/5/07 Issued 145 bags of milk.

Using FIFO method, what would be the value of stock as at 9/5/07?

a

#862.50

b

#840.00

c

#806.25

d

#750.00

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Correct Option
d

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lankee22
5 years ago

wrong answer again

Nattynathan
2 years ago

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