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IFRS Assessment: Certificate in International Financial Reporting Think Ahead Question 12. Station Co holds three types of inventory. The following details are relevant: Inventory Cost

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Assessment: Certificate in International Financial Reporting Think Ahead Question 12. Station Co holds three types of inventory. The following details are relevant: Inventory Cost Selling Selling type price costs $250 $275 $40 B $125 $145 $15 $320 $290 $30 What amount should Station Co include in its statement of financial position for inventory in accordance with IAS 2 Inventory? $695 $620 $625

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