Example: - The following data is related to the movement of Article (Y) that took place during the month of August 20161-1/8 The balance was in an amount of (400) units, and the price was (400) dinars per unit, according to the receipt document numbered 220.93Technical Institute in Basra / second grade inventory accounting2-8/5 A quantity of (1000) units was received for the warehouse at a price of 150 dinars according to the receipt document 2293-8/19 The production quantity of (300) units was disbursed according to the issuance document No. 1364-8/24, a quantity of production (500) units was disbursed according to the issuance document No. 140.5-8/26 The warehouse received a quantity of (800) units, at a price of (500) dinars per unit, according to the receipt document No. 235.Required: - 1- Pricing the materials dispensed from stores on the basis of the fixed flat price method, which was 100 dinars per unit?۔ Calculate the cost of commodity stock at the end of the period *

Name: Example: - The following data is related to the movement of Article (Y
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Description: Example: - The following data is related to the movement of Article (Y) that took place during the month of August 20161-1/8 The balance was in an amount of (400) units, and the price was (400) dinars per unit, according to the receipt document numbe

Pricing the materials dispensed from stores on the basis of the fixed flat price method - 100 dinars…

Answered: Example: - The following data is…

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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1. Example: - The following data is related to the movement of Article (Y) that took place during the month of August 2016
  1-
  1/8 The balance was in an amount of (400) units, and the price was (400) dinars per unit, according to the receipt document numbered 220.
  93
  Technical Institute in Basra / second grade inventory accounting
  2-
  8/5 A quantity of (1000) units was received for the warehouse at a price of 150 dinars according to the receipt document 229
  3-
  8/19 The production quantity of (300) units was disbursed according to the issuance document No. 136
  4-
  8/24, a quantity of production (500) units was disbursed according to the issuance document No. 140.
  5-
  8/26 The warehouse received a quantity of (800) units, at a price of (500) dinars per unit, according to the receipt document No. 235.
  Required: - 1- Pricing the materials dispensed from stores on the basis of the fixed flat price method, which was 100 dinars per unit?
  ۔ Calculate the cost of commodity stock at the end of the period *

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