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A shop stocks shoes which sells at Rs 550 each to avoid overstocking and because of limited space, the
deliveries from four manufacturers, at different prices, are made to the shop on a weekly basis at
opening time on Monday morning. During October, the deliveries and sales were as shown below and
there was an opening stock of 100 shoes which has been purchased in September, at Rs 290 each.Shoes purchased Number of shoes
Week No. Number Cost Each Sold
01 200 300 150
02 300 330 330
03 400 290 350
04 300 350 390
Trading accounts are prepared monthly and from information given above, you are required to;
Required: Prepare stock record (Material ledger cards) for the transactions based on two methods of
pricing issues listed below:
a) LIFO
b) Weighted average
2. The growth stimulus of International trade
3. Efficacy of domestic institutions
What is the difference between t-test f-test and r squared, explain?
