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A company made the purchases of an item during its financial year. January 2007 200 @ Rs. 50 each May 2007 400 @ Rs. 60 each August 2007 600 @ Rs. 70 each November- 2007 300 @ Rs. 80 each Closing inventories were 500 articles. Find out the value of closing stock as per Weighted Average Method-”

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A company made the purchases of an item during its financial year. January 2007 200 @ Rs. 50 each May 2007 400 @ Rs. 60 each August 2007 600 @ Rs. 70 each November- 2007 300 @ Rs. 80 each Closing inventories were 500 articles. Find out the value of closing stock as per Weighted Average Method-”






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