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The following figures relate to inventory held at the year end. A C $ 20 30 $ 9 12 2$ 12 22 Cost Selling
The following figures relate to inventory held at the year end. A C $ 20 30 $ 9 12 2$ 12 22 Cost Selling price Modification cost to enable sale Marketing costs Units held 2 7 200 150 300 Required Calculate the value of inventory held.
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Ans Inventory shall be valued at lower of cost ...
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Financial Reporting And Analysis Using Financial Accounting Information
Authors: Charles H Gibson
12th Edition
1439080607, 978-1439080603
