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Business Data Management · End Term · 13 Sept 2026 · May 2026 term · Set 1

Question 27: A manufacturing concern reports opening raw material inv…

Question 27

+5 marksOne correct option

A manufacturing concern reports opening raw material inventory of ₹ 60,000, purchases of 5,20,000, and a closing inventory of ₹ 40,000. Direct labor is 1,80,000, and direct expenses are 20% of direct labor. Factory overheads are calculated as 30% of the Prime Cost. If the total Cost of Goods Sold (COGS) is 9,00,000 and opening finished goods inventory was 1,20,000, determine the value of the closing finished goods inventory.

  1. A

    ₹1,66,800

  2. B

    ₹82,800

  3. C

    ₹2,02,800

  4. D

    ₹2,42,800

Show answer

Correct answer

  • C

    ₹2,02,800

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Question 27 of 43 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 13 Sept 2026, in the May 2026 term (Business Data Management 13 Sep 26 (Session 2)). It carries 5 marks.

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