Question
A company is evaluating a project that requires 400kg of raw material X. The company has 150kg of X in stock that were purchased six
A company is evaluating a project that requires 400kg of raw material X. The company has 150kg of X in stock that were purchased six months ago for K55 per kg. The company no longer has any use for X. The inventory of X could be sold for K40 per kg. The current purchase price for X is K53 per kg.
What is the total relevant cost of raw material X for the project?
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Accounting Information Systems
Authors: Pat Wheeler, Ulric J Gelinas, Richard B Dull
9th Edition
0538469315, 9780538469319
