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You are provided with the following information in relation to the cost of product C: Price charged per unit by supplier: 18 Transport cost (from
You are provided with the following information in relation to the cost of product C: Price charged per unit by supplier: 18 Transport cost (from supplier) 5.50 Irrecoverable customs duties per unit 3.50 Selling costs for Product C (per unit) 1.95 The net realisable value of each unit of Product C is 28. What price per unit should be used in valuing the inventory of Product C?
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