Question
A company purchased 50,000 units of raw material at Rs.2
per unit. At what value will the raw material inventory be recorded in the books of accounts if the market price of the units as at 31 March 2021 is Rs.1.6 per units?Solution
The inventory is valued at lower of cost of net realisable value. The cost is Rs.2 per unit and realisable value on the closing day of balance sheet is Rs.1.60 per unit. As such, it will be valued at Rs.1.60 per unit. As such, Value of inventory will be = 1.6*50000 = Rs.80,000
Which of the given trigonometric identities is incorrect ?
1. tan2 θ = sec2 θ - 1B. cosec2 θ = 1 + cot
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
(88.931% of 435) + (61.521% of 516) = ?
Monthly income of A is Rs. 66000 out of which he spent 18%, 11% and 21% of his total income in rent, medicine and transportation, respectively. Find his...
(56.04% of 550.06 + 19.92 × 18.13) – 121.97 = ?
Two trains, 'P' and 'Q', are moving with speeds of 16 m/s and 24 m/s, respectively. The lengths of the trains are in the ratio 3:...
?% of (144.31 ÷ 17.97 × 60.011) = 239.98
? = 540.24 + 1022.97 – 11.992 Â
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
15.001% of 799.99 - 3/11% of 1099.99 + 111.002 = ?
