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Commerce · Q759

Costing

Graduate and Post Graduate · Commerce · question 759

Q759

If the beginning balance in raw materials inventory is Rs. 5,000, the ending balance is Rs. 3,500 and material of Rs. 60,000 was purchased, what is the amount of materials transferred to work-in-processinventory during the period?

A.
Rs. 58,500
B.
Rs. 60,000
C.
Rs. 61,500
Answer
D.
Rs. 68,500

Answer: Option C

Solution

Answer: Option C
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