From the following information calculate raw material storage period Annual raw material consumption Rs 27,000 Opening stock of raw material Rs 5,000 Closing stock of raw material Rs 4,000 Assume 1 year = 360 days O (A) 30 Days • (B) 45 Days (c) 90 Davs (D) Days
From the following information calculate raw material storage period Annual raw material consumption Rs 27,000 Opening stock of raw material Rs 5,000 Closing stock of raw material Rs 4,000 Assume 1 year = 360 days O (A) 30 Days • (B) 45 Days (c) 90 Davs (D) Days
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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From the following information calculate raw material storage period Annual raw material consumption Rs 27,000 Opening stock of raw material Rs 5,000 Closing stock of raw material Rs 4,000 Assume 1 year = 360 days O (A) 30 Days • (B) 45 Days (c) 90 Davs (D) Days
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