05-29-2011, 06:34 PM
mgt401 assignment no 2 solution are in attahment
Ledger card with fifo..
date RECEIVED stock ISSUED stock BALANCE stock
quantity rate amount quantity rate amount Quantity rate Amount
1 April 1500 kg 6/unit 1500* 6=
9000 1500 6 9000
5 April 2000 6.5/unit 2000*6.5=
13000 2000
total
3500 6.5 13000
Total= 22000
Ledger card with fifo..
date RECEIVED stock ISSUED stock BALANCE stock
quantity rate amount quantity rate amount Quantity rate Amount
1 April 1500 kg 6/unit 1500* 6=
9000 1500 6 9000
5 April 2000 6.5/unit 2000*6.5=
13000 2000
total
3500 6.5 13000
Total= 22000
0300-9520262
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