Question: S sells three products - Basic, Super and Luxury. The following information was available at the year end. Basic Super Luxury $ per unit $

S sells three products - Basic, Super and Luxury. The following information was available at the year end.

Basic Super Luxury

$ per unit

$ per unit

$ per unit Original cost 6

9 18 Estimated selling price 9

12 15 Selling and distribution costs 1

4 5

units units units Units of inventory 200 250 150 What is the value of inventory at the year end?

A

$4,200 B

$4,700 C

$5,700 D

$6,150

(2 marks)

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