A consignment consisted of two chemicals A and B. The invoice gave the following data:
|
Chemical A 4,000 kgs. @ Rs.2.50 per/kg. |
10,000 |
|
Chemical B 3,200 kgs. @ Rs.3.25 per/kg. |
10,400 |
|
Sales Tax |
816 |
|
Railway Freight |
384 |
|
Total cost |
21,600 |
A shortage of 200 kgs. in A and 128 kgs. in B was noticed due to breakage.
What is the stock rate you would adopt for pricing issues assuming a provision of 5% towards further deterioration?