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Read the following cases carefully, and then provide the correct answer for each one. (a): Assume that Mander AG has unfinished inventory with a cost

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Read the following cases carefully, and then provide the correct answer for each one. (a): Assume that Mander AG has unfinished inventory with a cost of 950, a sales value of 1,000, estimated cost of completion of 50, and estimated selling costs of 200. Calculate the Mander's Inventory net realizable value, and Its Inventory write-down. (b): Assume Cetus SE has a beginning inventory of $50,000 and purchases of $100,000, both at cost. Sales at selling price amount to 200,000. The cross profit on selling pricels 20 percent. Instructions: If you know that Cetus applies the gross margin method, calculate/estimate Inventory value. (c) In its 2015 annual report Tate & Lyle plc (GBR) reported a beginning Inventory of 5000, an ending Inventory of 7000, and cost of goods sold of 1000 for the year. Instructions: Measure the number of times on average a company sells the Inventory during the period

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