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QUESTION

Q.8. Calculate value of closing stock from the following: Opening stock of finished goods (500 units) : Rs. 2,000 Cost of production (10000 units) :

Q.8. Calculate value of closing stock from the following: 

 Opening stock of finished goods (500 units) : Rs. 2,000 

 Cost of production (10000 units) : Rs. 50,000 Closing stock (1000 units):?

 (a) Rs. 4,000

 (b) Rs. 4,500 

 (c) Rs. 5,000 

 (d) Rs. 6,000

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