S sells three products - Basic, Super and Luxury. The following information was available at the...
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S sells three products - Basic, Super and Luxury. The following information was available at the year end. Basic Super $ per unit 9 12 4 Luxury $ per unit 18 $ per unit Original cost Estimated selling price Selling and distribution costs 1 units 200 15 5 units 150 units 250 Units of inventory What is the value of inventory at the year end? A $4,200 $4,700 $5,700 $6,150 B C D (2 marks) S sells three products - Basic, Super and Luxury. The following information was available at the year end. Basic Super $ per unit 9 12 4 Luxury $ per unit 18 $ per unit Original cost Estimated selling price Selling and distribution costs 1 units 200 15 5 units 150 units 250 Units of inventory What is the value of inventory at the year end? A $4,200 $4,700 $5,700 $6,150 B C D (2 marks)
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here value of inventory 4700 Frist we calculate net realisable value So selling price ... View the full answer
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