|
Rs |
|
|
Opening Stock at a Branch |
1,80,000 |
|
Goods sent to Branch |
13,20,000 |
|
Sales at the Branch |
13,20,000 |
Compute the value of closing stock at the branch in each of the following alternatives:
|
Case (1) |
If H.O. invoices goods to its branch at cost plus 25% goods sold to customers at cost plus 100%. |
|
Case (2) |
If the H.O. invoices goods to its branch at 20% less than the list price which is cost plus 100%. |
|
Case (3) |
If the H.O. sends goods at cost plus 20%. Branch sells goods at list price which is wholesale price plus 10%. |