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its Question #4: Imran Ltd manufactures executive toys. It intends to improve its image by repackaging. existing stock in new covers, and to offer discounts

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its Question #4: Imran Ltd manufactures executive toys. It intends to improve its image by repackaging. existing stock in new covers, and to offer discounts to retailers for prompt payment. The financial details of 'Gold Cube', one of the items to be repackaged, are as follows: Cost of manufacture Repacking cost to be incurred Selling price Prompt payment account Per item (Rs.) 25.00 7.50 30.00 10% Required: At what amount should each item of stock be valued in the accounts

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