6.4 At 30 September 2005 Ballata had the following inventories: Cost Selling Estimated price cost of realisation

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6.4 At 30 September 2005 Ballata had the following inventories:

Cost Selling Estimated price cost of realisation EUR EUR EUR 120 ‘Ping’ irons No. 3 5,880 7,215 35 475 Doz golf balls 8,225 9,100 975 17 High-velocity shotguns 71,655 120,620 2,010 18 9mm Uzi 270,000 640,250 2,500 10 Terminator 2 videos 790 2,700 25 100 Return to the Blue Lagoon videos 7,999 6,250 240 Calculate the value of inventory as at 30 September 2005.

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Financial Accounting An International Approach

ISBN: 9780273693192

1st Edition

Authors: Prof Jagdish Kothari, Elisabetta Barone, Barone Kothari

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