(c) Quality Wash (QW) ltd is a manufacturer of washing machines for the Kenyan market. The following information has been extracted from the store records for an important raw material component SR-42A April 1 Opening inventory of SR-42A was 100,000 units having a value of Kshs. 80 per unit April 5 150,000 units of SR-42A were purchased at Kshs. 85 per unit April 6 150,000 units of SR-42A were issued from stores April 11 180,000 units of SR-42A were purchased at Kshs. 88.15 per unit April 13 220,600 units of SR-42A were issued from stores April 18 95,500 units of SR-42A were purchased at Kshs. 92.50 per unit April 22 112,500 units of SR-42A_ were issued from stores April 28 105,800 units of SR-42A were sed at Kshs. 98.50 per unit

(c) Quality Wash (QW) ltd is a manufacturer of washing machines for the Kenyan market. The following information has been extracted from the store records for an important raw material component SR-42A April 1 Opening inventory of SR-42A was 100,000 units having a value of Kshs. 80 per unit April 5 150,000 units of SR-42A were purchased at Kshs. 85 per unit April 6 150,000 units of SR-42A were issued from stores April 11 180,000 units of SR-42A were purchased at Kshs. 88.15 per unit April 13 220,600 units of SR-42A were issued from stores April 18 95,500 units of SR-42A were purchased at Kshs. 92.50 per unit April 22 112,500 units of SR-42A_ were issued from stores April 28 105,800 units of SR-42A were sed at Kshs. 98.50 per unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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