Abeba provided the following information about her closing inventory: 200 units of Product Y were damaged and

Question:

Abeba provided the following information about her closing inventory:

200 units of Product Y were damaged and unsaleable.

What was the value of Abeba’s inventory?

A. $3,920

B. $4,100

C. $4,320

D. $4,700

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Cambridge IGCSE And O Level Accounting Coursebook

ISBN: 9781316502778

2nd Edition

Authors: Catherine Coucom

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Question Posted: Sep 15, 2021 05:53 AM

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Abeba provided the following information about her closing inventory: 200 units of Product Y were damaged and

Question:

Number of units Cost price per unit Net realisable value per unit Product X 500 $1.00 $1.80 Product Y 2000 $2.00 $1.90

Step by Step Answer:

Solution Correct option is A 3920 Explan...View the full answer

Cambridge IGCSE And O Level Accounting Coursebook

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