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Show your calculations. The following relate to God's Blessings enterprise for the year ended 31 December 2019. GHC Production cost of goods completed 1,080,000 Sales
Show your calculations.
The following relate to God's Blessings enterprise for the year ended 31 December 2019. GHC Production cost of goods completed 1,080,000 Sales 1,939,500 Inventory of finished goods at cost (1/1/2019) 255,000 Inventory of finished goods at cost (31/12/2019) 202,500 Selling and distribution expenses 216,000 Administrative expenses 180,000 48,000 Financial charges Goods are transferred to the warehouse at cost plus 33%% What is the value of opening inventory at market valueStep by Step Solution
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