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प्रश्न
Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹2,50,000; Finished Goods ₹1,00,000; Closing Inventory of Materials ₹2,25,000; Finished Goods ₹75,000; Raw Material purchased during the year ₹15,00,000.
उत्तर
Cost of Material Consumed = Opening Inventory of Materials + Purchase of Materials - Closing Inventory of Materials
= 250000 + 1500000 - 225000 = 1525000
∴ Cost of Material Consumed is Rs 1525000
Note: Opening Inventory of Finished Goods and Closing Inventory of Finished Goods will not be considered as these are shown under Change in Inventory of Finished Goods.
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| Particluars |
Opening Inventory (₹) |
Closing inventory(₹) |
||
| Finished Goods |
5,00,000 |
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||
| Work-in-Progress |
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||
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