1/5/07 Purchased 100 bags of milk at #10.00k each 3/5/07 Purchased 60 bags of milk
FINANCIAL
JAMB 2012
1/5/07 Purchased 100 bags of milk at #10.00k each 3/5/07 Purchased 60 bags of milk at #11.50k each 15/5/07 Issued 85 bags of milk 15/5/07 Purchased 180 bags of milk at #12.80K each 22/5/07 Issued 145 bags of milk. Using simple average method, calculate the value of stock after 22/5/07
- A. #1,198.00
- B. #1,218.38
- C. #1,257.67
- D. #1,408.00
Correct Answer: C. #1,257.67
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