Question
Outdoors Ltd has closing inventory valued at 55,000. Included in this value are 27 food packs costing 62 each which are out of date
Outdoors Ltd has closing inventory valued at 55,000. Included in this value are 27 food packs costing 62 each which are out of date and now cannot be sold. Also included are 18 tents at a cost of 260 each with a selling price of 476. These are now old stock and will be sold at a 50% discount on the original price. At what value should EACH tent be included in closing inventory? Choose.. What is the total value of closing inventory for Outdoors Ltd? Choose... (Select your answer in each dropdown menu)
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