Referring to information in Questions 2 and 4, calculate the total value of Thespa plc's closing inventory

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Referring to information in Questions 2 and 4, calculate the total value of Thespa plc's closing inventory assuming that: 

• 4 per cent of the annual production of matons remains unsold 

• 6 per cent of the production of cratons remains unsold.

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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