The following data have been taken from the books of CB plc, which uses a non-integrated accounting system:

The effect of these stock valuation differences on the profit reported by the financial and cost accounting ledgers is that:(a) The financial accounting profit is ?300 greater than the cost accounting profit;(b) The financial accounting profit is ?2100 greater than the cost accounting profit;(c) The cost accounting profit is ?300 greater than the financial accounting profit;(d) The cost accounting profit is ?900 greater than the financial accounting profit;(e) The cost accounting profit is ?2100 greater than the financial accounting profit.

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Financial Cost accounts accounts £ Opening stock of materials Closing stock of materials Opening stock of finished goods Closing stock of finished goods 5000 6400 4000 5200 9800 9600 7900 7600