From the following information calculate raw material storage period Annual raw material consumption Rs 27,000 Opening stock of raw material Rs 5,000 Closing stock of raw material Rs 4,000 Assume 1 year = 360 days O (A) 30 Days • (B) 45 Days (c) 90 Davs (D) Days

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.1MBA
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From the following information calculate raw material storage period Annual raw material consumption Rs 27,000 Opening stock of raw material Rs 5,000 Closing stock of raw material Rs 4,000 Assume 1 year = 360 days O (A) 30 Days • (B) 45 Days (c) 90 Davs (D) Days

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