UPSC EPFO EO/AO 2023 · Question 78

Question 78 of the UPSC EPFO EO/AO Recruitment Test 2023 (General Ability Test) (2 July 2023). Try it first, then check your answer and the explanation in the practice app.

1. EO/AO 2023 · Q78 · General Accounting Principles · Depreciation & Valuation

   Consider the following information:

   Date	Particulars	Units	Rate per unit (₹)
   January 1	Inventory in hand	200	7
   January 8	Purchases	1100	8
   January 25	Purchases	300	9
   January 6	Issued for sale	100	–
   January 9	Issued for sale	200	–

   Which one of the following is the value of inventory on January 31 under perpetual inventory system using First-In-First-Out (FIFO) method?

   1. ₹6,700
   2. ₹8,700
   3. ₹10,700
   4. ₹12,000

   निम्नलिखित सूचनाओं पर विचार कीजिए:

   तिथि	ब्योरा	इकाई	दर प्रति इकाई (₹)
   1 जनवरी	हस्ते माल	200	7
   8 जनवरी	क्रय	1100	8
   25 जनवरी	क्रय	300	9
   6 जनवरी	विक्रय के लिए निर्गमित	100	–
   9 जनवरी	विक्रय के लिए निर्गमित	200	–

   निम्नलिखित में से कौन-सा एक, पहला आवक पहला जावक (FIFO) पद्धति का प्रयोग करते हुए चिरस्थायी मालसूची प्रणाली के अंतर्गत 31 जनवरी को मालसूची का मूल्य है?

   1. ₹6,700
   2. ₹8,700
   3. ₹10,700
   4. ₹12,000

   Answer and explanation: open it in the practice app. 3 days free when you register, then one ₹45 PYQ Pass for every exam on the site.

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