MCQOPTIONS
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| 1. |
Goods are transferred from Department A to Department B at a price so as to include a profit of 33.33% on cost. If the value of closing stock of Department Y is `36,000, then the amount of stock reserve on closing stock will be |
| A. | 12,000 |
| B. | 9,000 |
| C. | 18,000 |
| D. | None of the above |
| Answer» C. 18,000 | |