Semi-complete goods on which costs to date amount to 100 per unit, will require a further 60

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Semi-complete goods on which costs to date amount to £100 per unit, will require a further £60 per unit to complete, plus £ 15 selling expenses per unit. Estimated unit selling price is £ 140.

These goods should each be included in the closing Balance Sheet at:

(a) £100 ;

(b) £125 ;

(c) £140;

(d) £65 .

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