Prepare a statement showing the pricing of issues, on the basis of (a) Simple Average, and (b) Weighted Average Methods from the following information pertaining to material „X?.
|
Date |
|
|
1 |
Purchased 100 units @ Rs.10.00 each. |
|
2 |
Purchased 200 units @ Rs.10.20 each. |
|
5 |
Issued 250 units to Job A vide MR No. 1 |
|
7 |
Purchased 300 units @ Rs.10.50 each |
|
10 |
Purchased 200 units @ Rs.10.80 each |
|
13 |
Issued 200 units to Job B vide MR No. 2 |
|
18 |
Issued 200 units to Job C vide MR No. 3 |
|
20 |
Purchased 100 units @ Rs.11.00 each. |
|
25 |
Issued 150 units to Job D vide MR No.4. |