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What is the gain on biological asset attributable to price change? * 1 point Pasado Co has a herd of 100 2-year animals on January
What is the gain on biological asset attributable to price change? * 1 point Pasado Co has a herd of 100 2-year animals on January 1, 20x4. Ten animals aged 25 years were purchased on July 1, 20x4 for P10,800 each and ten animals were bom on July 1, 20x4. No animals were sold or disposed of during the year The fair value less costs of disposal per unit were as follows: 2-year old animal on January 1 10,000 25-year old animal on July 1 10,800 New born animal on July 1 7,000 2-year old animal on December 31 10,500 2.5-year old animal on December 31 11,100 New born animal on December 31 7 200 3-year old animal on December 31 12,000 0.5-year old animal on December 31 8,000 100000
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