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An entity has suffered damage to some of its inventory. Provided they carry out repairs they still expect to sell the inventory. Relevant details are

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An entity has suffered damage to some of its inventory. Provided they carry out repairs they still expect to sell the inventory. Relevant details are shown below: Quantity Cost() Price() Cost() Sales Repair Squares 200 15 18 5 150 Triangles 28 20 8 Circles 175 23 30 5 Determine the value of the inventory in accordance with IAS 2. An entity has suffered damage to some of its inventory. Provided they carry out repairs they still expect to sell the inventory. Relevant details are shown below: Quantity Cost() Price() Cost() Sales Repair Squares 200 15 18 5 150 Triangles 28 20 8 Circles 175 23 30 5 Determine the value of the inventory in accordance with IAS 2

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