X Limited provides you the following data for the month May, 2017: Closing stock as on 31st May, 2017: 80 units Production: 280 units Sales: 330 units Based on the above data, the opening stock as on 1st May, 2017 would

CS Executive · Cost and Management Accounting · PYQS · June 2018
X Limited provides you the following data for the month May, 2017: Closing stock as on 31st May, 2017: 80 units Production: 280 units Sales: 330 units Based on the above data, the opening stock as on 1st May, 2017 would be :
(A) 70 units
(B) 130 units
(C) 50 units
(D) 410 units

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Cost and Management Accounting

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