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Robot Limited has closing inventories of finished goods which cost 300,000. Changes in regulations in relation to these goods mean that these goods can no
| Robot Limited has closing inventories of finished goods which cost 300,000. |
| Changes in regulations in relation to these goods mean that these goods |
| can no longer be sold. However, if additional work, estimated to cost |
| 50,000 is undertaken, they can be sold for 200,000. |
| What value should be included in Robot Limited's accounts for this closing inventory? |
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Accounting Information Systems
Authors: James A. Hall
5th Edition
0324312954, 9780324312959
