Silur Co buys and restores items of exclusive vintagejewelry. At 31 May 2009, the company had three items in inventory.
Details of the itemswere:
NecklaceBraceletPendant
Purchase cost12,00031,00045,000
Expected selling price25,00038,00053,000
Restoration costs to date6,0005,0002,000
Further costs before sale2,0003,0001,000
What was the total value of Silur’s inventory at 31 May 2009?
A . $88,000
B . $100,000
C . $106,000
D . $107,000
Answer: B
Latest MA Dumps Valid Version with 80 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund