(Total: 16 marks) (2) Bakery Appliances Inventory BCB is also a supplier of bakery appliances that purchases and sells of small kitchen appliances including Bakery Utensils, Food Processor, Beverage and Cooking Appliances. All appliances were purchased on credit basis from single manufacturer in China. BCB purchased the following kitchen appliances with specific terms: Date of Equipment Purchase Quantity (units) Cost per unit (RM) Purchase terms 15 March Bakery Utensils 150 50 A 20% discount 2020 Food Processor 95 125 awarded if purchase 100 units and more for similar items. 1 July 2020 Beverage Appliances 75 90 5/15, n/45 Cooking Appliances 105 150 On 30 November 2020, the company's unsold kitchen appliances were as follows: Net realisable value Quantity Equipment (units) Cost per unit (RM) per unit (RM) Bakery Utensils 50 50 45 Food Processor 75 125 95 Beverage Appliances 60 90 105 Cooking Appliances 85 150 130 You are required: (i) Determine whether the appliances are items of inventory in accordance with MFRS 102 Inventories. (4 marks) (ii) Discuss the measurement of the followings and show the calculation where necessary: a) Inventory purchased for each date of purchase. b) Inventory as at 31 December 2020 (14 marks)