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Woods Ltd has the following items in inventory: ALFA items at the cost of 14,000; their selling price is 15,000 but they require packaging before
Woods Ltd has the following items in inventory: ALFA items at the cost of 14,000; their selling price is 15,000 but they require packaging before it can be sold, and this cost is estimated at 20% of the selling price. BETA items at the cost of 13,000; the selling price is 20,000 and will be sold at a discount of 20% after the year end. The overall (ALFA + BETA) value of the inventory is: Select one a 25,000 b. E28.000 c35,000 dE27,000
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