38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on they purchased 400kgs RO 12. 300kgs were sold. The Value of closing stock as per First In First Out method will bea.RO 7000b.RO 7200c.RO 6800d.RO 6700

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on they purchased 400kgs RO 12. 300kgs were sold. The Value of closing stock as per First In First Out method will bea.RO 7000b.RO 7200c.RO 6800d.RO 6700
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