Question: SOURCE: ADAPTED FROM CIMA P1 (NOVEMBER 2005) SECTION A, QUESTION 1.1 The following data relate to a manufacturing company. At the beginning of August there

SOURCE: ADAPTED FROM CIMA P1 (NOVEMBER 2005) SECTION A, QUESTION 1.1 The following data relate to a manufacturing company. At the beginning of August there was no inventory. During August, 2 000 units of product X were produced, but only 1 750 units were sold.

The nancial data for product X for August were as follows:

What was the value of inventory of X at 31 August, using a variable costing approach?
R6 575 R7 750 R8 500 R10 562

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