John has three lines of inventory at the year end. A Original purchase price (per unit) £5.00 £4.50 £5.50 Estimated futu
Posted: Tue Nov 16, 2021 8:58 am
John has three lines of inventory at the year end. A Original purchase price (per unit) £5.00 £4.50 £5.50 Estimated future selling price (per unit) £6.00 £5.00 £7.50 Selling and distribution costs (per unit) £0.50 £1.00 £2.50 Units of inventory 200 300 100 At what value should inventory appear in the year-end financial statements? £3,900 £1,625 3,500 £2,700