Rezeki Berkat Poultry Sdn. Bhd. is a poultry layer farming business. It currently has four flocks of hens of varying age attribute (including chicks). Each flock consists of 100,000 hens. The followings are obtained on 31 December 2021: 31.12.2021 31.12.2020 Projected selling price Feed cost RM Per Kg Unit RM per kg Projected selling price RM per kg Feed cost RM Per Kg Breeders and hatching eggs Grandparent stock 12.21 1.45 100,000 12.28 1.37 (breeder) Parent stock 4.10 1.38 100,000 3.94 1.51 (breeder) Layers: Projected selling prices for table 0.26 1.22 100,000 0.24 1.19 eggs per egg Broilers (for meat) Projected selling prices for broilers 4.35 1.53 100,000 4.21 1.51 per kg Additional Notes 1. Broilers are chickens that are grown for meat purposes Layers are those that are reared to produce unfertilized eggs 2. Layers are measured at cost 3. Mortality rate for each flock is 5% of the fair value accounted for in the book 4. Sales were captured based on contract basis. The contract price is RM1 million. The Poultry has billed 90% of this contract 5. Purchases of inventories and livestock were RM550,000