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Please assist me with this question? QUESTION 8 Merafe Steel Lid have completed the physical count of the year-end inventory and are now valuing their

Please assist me with this question?

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QUESTION 8 Merafe Steel Lid have completed the physical count of the year-end inventory and are now valuing their inventory for inclusion into the annual financial statements. The following information is available in respect of a product that was impaired Product Y023 Original cost 308 Selling price 477 Costs to complete for sale 63 Quantity 2 000 Calculate the value at which product Y023 will be include in the statement of financial position at the year end

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