Question: PART A [25 MARKS] QUESTION 1: Mathathaarona Ltd's inventory includes 3 items for which the following details are available: Suppliers list price NRV P P

PART A [25 MARKS] QUESTION 1: Mathathaarona Ltd's inventory includes 3 items for which the following details are available: Suppliers list price NRV P P PVC PIPES 25200 35700 Bolts & Nuts 20300 19600 Bearings 29400 28700 The company receives a 2.5% trade discount from its suppliers and it also takes advantage of a 4% discount for prompt payment. Rqd: Calculate the total value of the products which should be shown in inventory in the statement of financial position [16 marks]

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