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Loftus Exercise 4.10 The following information relates to the inventories on hand at 30 June 2020 held by Canberra Ltd. Estimated Cost of completion Cost
Loftus Exercise 4.10 The following information relates to the inventories on hand at 30 June 2020 held by Canberra Ltd. Estimated Cost of completion Cost per unit cost to replace selling price and disposal Item no. Quantity $ $ $ A1458 613 2.10 2.17 3.47 0.52 A1965 792 3.40 3.46 3.70 0.51 B6730 790 7.69 7.23 10.00 0.9 D0943 104 1.2 1.04 1.00 0.11 G8123 172 3.55 3.25 5.80 0.72 W2167 1,473 6.55 5.58 7.07 0.35 Calculate the value of inventories on hand at 30 June 2020. (Enter your answer to the nearest cent.) Total inventories on hand at 30 June 2020
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