In the name of ALLAH, the most beneficient, the most merciful

Cost & Management Accounting (MGT402)

Question (select most suitable option)

  Cost of goods sold = ?
Beginning inventory = Rs. 30,000
Ending inventory = Rs. 40,000
Inventory turnover Ratio = 10 times
Rs. 350,000
Rs. 70,000
Rs. 10,000
Rs. 35,000