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Red Ltd Co sells three types of products and holds them in its warehouse. It has carried out stock taking and produced the following information
Red Ltd Co sells three types of products and holds them in its warehouse. It has carried out stock taking and produced the following information at the end of the year.
Products | Units in stock | Cost per Unit (P) | Market Value |
Table | 25 | 1,250 | Damage due to flood so can be sold at P450 each. |
Chairs | 115 | 720 | Need repacking that cost P30 each and can be sold for 920 each. |
Cupboards | 30 | 1,370 | Cupboards have been damaged due to an accident and cost approximately P320 to repair each and can be sold for P1500 each |
Required;
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