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X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts?
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X consigned good to y costing 30000 at cost 25% these goods are to be ...
Calculating the Cost of Goods Sold (COGS)
To calculate the cost of goods sold, we need to first determine the cost of the goods that were sold.
Cost of goods sold = Cost of goods * (1+Markup)
Markup = 10% (given in the question)
Cost of goods = 25% of 30000 = 7500
Cost of goods sold = 7500 * (1+0.1) = 8250
Calculating the Value of Stock
The value of the remaining stock can be calculated by subtracting the cost of goods sold from the total cost of goods.
Total cost of goods = 7500 * 4 = 30,000 (given in the question)
Value of stock = Total cost of goods - Cost of goods sold
Value of stock = 30,000 - 8,250 = 21,750
Conclusion
Therefore, the value of the stock that will be shown by X at costing of accounts will be Rs. 21,750.
To calculate the cost of goods sold, we need to first determine the cost of the goods that were sold.
Cost of goods sold = Cost of goods * (1+Markup)
Markup = 10% (given in the question)
Cost of goods = 25% of 30000 = 7500
Cost of goods sold = 7500 * (1+0.1) = 8250
Calculating the Value of Stock
The value of the remaining stock can be calculated by subtracting the cost of goods sold from the total cost of goods.
Total cost of goods = 7500 * 4 = 30,000 (given in the question)
Value of stock = Total cost of goods - Cost of goods sold
Value of stock = 30,000 - 8,250 = 21,750
Conclusion
Therefore, the value of the stock that will be shown by X at costing of accounts will be Rs. 21,750.
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X consigned good to y costing 30000 at cost 25% these goods are to be ...
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X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts?
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X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts?.
X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X consigned good to y costing 30000 at cost 25% these goods are to be sold at invoice value plus 10% y sold a part of good for 33000 what will be the value of stock line with Y that will be shown by x at costing of accounts?.
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