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At 30 September 2005 Ballata had the following inventories:

 

Cost

EUR

Selling Price
EUR

Estimated cost of realization

EUR

120 'Ping' irons No. 3

5,880

7,215

35

475 Doz golf balls

8,225

9,100

975

17 High-velocity shotguns

71,655

120,620

2,010

18 9mm Uzi

270,000

640,250

2,500

10 terminator 2 videos

790

2,700

25

100 return to the Blue Lagoon videos

7,999

6,250

240

Calculate the value of inventory as at 30 September 2005.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92094626

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