7 An organisation’s stock records for last month show the following transactions in respect of one item: Date Receipts Issues Stock (units) (units) (units) 1st 300 5th 100 200 13th 600 800 20th 300 500 28th 200 300 The opening stock was valued at a total cost of £9,300 and all receipts on the 13th were purchased at a cost of £33 per unit. The organisation uses the weighted average method of valuation and calculates a new weighted average after each stores receipt.
What was the total value of the closing stock? A £9,500 B £9,700 C £9,750 D £9,900
C | 
发表于 2006-8-9 19:17
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