Question
A herd of five 4 vear old pigs was held on 1 January 20X3. On 1 July 20X3 a 4.5 year old pig was purchased
A herd of five 4 vear old pigs was held on 1 January 20X3. On 1 July 20X3 a 4.5 year old pig was purchased for $212. The fair values less estimated point of sale costs were: 4 year old pig at 1 January 20X3 $200 4.5 year old pig at 1 July 203 $212 5 year old pig at 31 December 20X3 $230 Required: Calculate the amount that will be taken to the statement of profit
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Supply Chain Management Accounting Managing Profitability Working Capital And Asset Utilization
Authors: Simon Templar
1st Edition
0749472995, 978-0749472993
