From the following data, Raw Materials Purchase Budget for January 2020 will be: Estimated Stock on Jan. 1 | 46,000 units Estimated Stock on Jan. 31 | 50,000 units Estimated Consumption | 1,50,000 units Standard Price pe
CS Executive · Cost and Management Accounting · PYQS · December 2020
From the following data, Raw Materials Purchase Budget for January 2020 will be: Estimated Stock on Jan. 1 | 46,000 units Estimated Stock on Jan. 31 | 50,000 units Estimated Consumption | 1,50,000 units Standard Price per unit | ₹2.50
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Material Costing
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