DATE 01 May 05 May 10 May EXPLANATION seasonal stock purchasing given to production (consumption) QUANTITY 200 kg 300 kg 400 kg UNIT PRICE AMOUNT COST 150 TL/kg 30.000 TL 180 TL/kg 54.000 TL ? עי
DATE 01 May 05 May 10 May EXPLANATION seasonal stock purchasing given to production (consumption) QUANTITY 200 kg 300 kg 400 kg UNIT PRICE AMOUNT COST 150 TL/kg 30.000 TL 180 TL/kg 54.000 TL ? עי
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
HOMEWORK: raw material movements for the month of May, a company engaged in the production of raw materials using the H2022 is given below. (All raw materials were purchased with cash payments.)
![DATE
EXPLANATION
01 May
05 May purchasing
10 May
seasonal stock
given to production
(consumption)
QUANTITY
200 kg
300 kg
400 kg
UNIT PRICE AMOUNT COST
150 TL/kg
30.000 TL
180 TL/kg
54.000 TL
?
?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F15b0260c-c9e0-4ac7-ba29-01015bae0eab%2F39e9821a-75bb-4da4-b2e1-db502359d605%2Fxvh25ue_processed.jpeg&w=3840&q=75)
Transcribed Image Text:DATE
EXPLANATION
01 May
05 May purchasing
10 May
seasonal stock
given to production
(consumption)
QUANTITY
200 kg
300 kg
400 kg
UNIT PRICE AMOUNT COST
150 TL/kg
30.000 TL
180 TL/kg
54.000 TL
?
?
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SUBMISSION: In May, the cost of raw materials sent to the production and dönemsonu stock remaining in raw material costs to a) First In First Out Method b) Last-In-First-Out Method c) by moving weighted average cost method to calculate separately
![DATE
EXPLANATION
01 May
05 May purchasing
10 May
seasonal stock
given to production
(consumption)
QUANTITY
200 kg
300 kg
400 kg
UNIT PRICE AMOUNT COST
150 TL/kg
30.000 TL
180 TL/kg
54.000 TL
?
?](https://content.bartleby.com/qna-images/question/15b0260c-c9e0-4ac7-ba29-01015bae0eab/4dbf4b2c-a15a-424d-b742-9d8122f83e15/rl1tdm_thumbnail.jpeg)
Transcribed Image Text:DATE
EXPLANATION
01 May
05 May purchasing
10 May
seasonal stock
given to production
(consumption)
QUANTITY
200 kg
300 kg
400 kg
UNIT PRICE AMOUNT COST
150 TL/kg
30.000 TL
180 TL/kg
54.000 TL
?
?
Solution
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