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Xat fick ghas? (KEs) Ca mperates severul buineases based around sheep forming KEs Ca has a hevi at arcum 5,000 shepep at any one lime.

image text in transcribed Xat fick ghas? (KEs) Ca mperates severul buineases based around sheep forming KEs Ca has a hevi at arcum 5,000 shepep at any one lime. In addition to teenty ientes and actilt shupp at makte, KFS Co uses the wool removed from lambs Givi steep at shaurng time to prodice a veriety of woolen products which are sold wat wethine Et Decenter BOXS, KES Cos fiock of sheep is sheared to produce an inventory of foect The cost of shearne is $4 per sheep which generates one fleece. Had the hecec been suld on the oven monket at this date, the sales price would be $9 per feece and seing costs of $1 per fiecce would be payable. Indicate, by clicking on the relevant boxes in the table below, whether or nat each of the folicwering cosit formulae le perminted by las 2 inventories to calculate the cost of inventenes

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