cs cost FIFO Method mcq notes



Posted on 10-05-2016        By ADMIN



cs cost FIFO Method mcq notes: In these method total units transferred to nextprocess includes      

      full opening stock units and the closing stock includes the units

      introduced during the process. In this method the cost incurred

     during the process is assumed as to be used

 

     a) First to complete the units already inprocess

     b) Then tocomplete the newly introduced units

     c) For the workdone to bring closing inventory to given state of completion



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