# Question 34 Chapter 1 of +2-B – T.S. Grewal 12 Class

Question No. 34 - Chapter No.1 - T.S. Grewal +2 Book Part B-min

Question 34 Chapter 1 of +2-B

Cost of Material Consumed

34. Calculate Cost of Materials Consumed from the following:
Opening Inventory of : materials Rs. 3,50,000; Finished Goods Rs. 75,000;Stock-in-Trade Rs. 2,00,000 Closing Inventory of: Materials Rs. 3,25,000; Finished Goods Rs. 85,000; Stock-in- Trade Rs. 1,50,000 Purchases during the Year: Raw material Rs. 17,50,000; Stock-in-Trade Rs. 9,00,000

### The solution of Question 34 Chapter 1 of +2-B: –

 Particulars Details Amount Opening Inventory of material 3,50,000 Add: Purchase of Material 17,50,000 21,00,000 Less: Closing Inventory of Materials 3,25,000 Cost of Materials Consumed* 17,75,000

*Cost of Materials Consumed=Opening Inventory of material + Purchase of Material-Closing Inventory of Materials

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –