14 - According to the moving price method, which of the following is the approximate amount of Asset Stock at the End of the Period? a)36,549 TL B)43,480 TL NS)56,451 TL D)93,000 TL TO)33,480 TL Unit priceDateexplanationQuantity5 TL1 April--6th of April12 April21st of AprilApril 27BuyingBuyingSales1.000 kg4.000 kg2.400 kg5.000 kg4.000 kg7 TL12 TLBuyingSales

Moving price method total all costs and divides all units to get average price

Answered: Date explanation Quantity Unit pric 1…

Date explanation Quantity Unit pric 1 Aprif-- 6th of April 12 April 21st of April April 27 Buying Buying Sales 1.000 kg 4.000 kg 2.400 kg 5.000 kg 4.000 kg 5 TL 7 TL 12 TL Buying Sales

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

14 -

According to the moving price method, which of the following is the approximate amount of Asset Stock at the End of the Period?

36,549 TL

43,480 TL

NS)

56,451 TL

93,000 TL

TO)

33,480 TL

Unit price
Date
explanation
Quantity
5 TL
1 April--
6th of April
12 April
21st of April
April 27
Buying
Buying
Sales
1.000 kg
4.000 kg
2.400 kg
5.000 kg
4.000 kg
7 TL
12 TL
Buying
Sales

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