1. Ascertain Cost of Goods Sold from the following figures:
Purchases Rs. 5,000; Opening Stock Rs. 15,000; Closing Stock Rs.7,000.
2. Ascertain Gross Profit / Loss form the following figures:
Closing Stock Rs. 1,500; Sales Rs. 14,000; Opening Inventory Rs. 12,000; Net Purchases Rs. 7,500; Rs. Return Inward Rs. 2,500.
3. Ascertain Purchases from the following figures:
Cost of Sales Rs. 90,000; Ending Inventory Rs. 7,000; Beginning Inventory Rs. 15,000.
4.From the following information extract Gross Profit and Net Profit:
Opening Inventory Rs. Rs. 3,000; Purchases Rs. 14,000; Sales Rs. 22,000; Closing Inventory Rs. 5,500; Sales Return Rs. 1,500; Salaries Rs. 500; Financial Charges Rs. 1,500; Carriage Inward Rs. 150; Salaries Outstanding Rs. 400 ; Carriage Outward Rs. 100.
From the following calculate (i) Re-ordering Level and (ii) Minimum Level
Minimum usage 100 units per week Normal usage 200 units per week
Maximum usage 300 units per week Re-order period 4 to 6 weeks

Calculate Ordering Level, Minimum Level and Maximum Level from the following data:
Re-order quantity 1,500 units Re-order period 4 to 6 weeks
Maximum consumption 400 units per week Average consumption 300 units per week
Minimum consumption 250 units per week

Find out Minimum Stock Level, Maximum Stock Level and Ordering Level from the following particulars:
Minimum consumption       100 units per day              Maximum consumption    175 units per day
Normal consumption           125 units per day               Re-order quantity                1,500 units
Minimum period for receiving goods      7 days             Maximum period for receiving goods   15 days
Normal period for receiving goods   10 days

A manufacturer buys certain equipment form suppliers at Rs. 30 per unit. Total annual needs are 800 units. The following further data are available:
Annual return on investments 10%                    Rent, insurance, storing per unit per year Rs. 2
Cost of placing an order Rs. 100
Required: EOQ

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