P Ltd. provides you the following information for the year 2017-18 : Balance as on 1st April, 2017: 1,240 Materials purchased: 4,801 Material issued to: Jobs: 4,774 Maintenance works: 412 Administration offices: 34 Selli
CS Executive · Cost and Management Accounting · PYQS · June 2018
P Ltd. provides you the following information for the year 2017-18 : Balance as on 1st April, 2017: 1,240 Materials purchased: 4,801 Material issued to: Jobs: 4,774 Maintenance works: 412 Administration offices: 34 Selling department: 72 What will be the closing balance of material control account as on 31st March, 2018?
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost and Management Accounting
Related Questions in this Topic
- The following data are given : Sales ₹ 15,00,000 Fixed Cost ₹ 4,00,000 P/V Ratio 40% The Profit is:
- Which of the following method is not used for segregating semi-variable costs into fixed and variable costs ?
- Which of the following is generally used as cost unit in cement industry?
- Actual overheads for the year ending 31st March, 2017 were ₹21,000, whereas the overhead absorbed shows an over absorpti...
- Which of the following is false in respect of Bills of materials ?