- Messages
- 73
- Reaction score
- 2
- Points
- 0
14 Stocks should be valued at the lower of cost and net realisable value.
The table shows data about four products.
product
W
$
X
$
Y
$
Z
$
cost 18 19 17 23
realisable value 15 28 17 26
selling expenses 3 2 3
At how much should the total stocks be valued?
A $72 B $77 C $78 D $86
The table shows data about four products.
product
W
$
X
$
Y
$
Z
$
cost 18 19 17 23
realisable value 15 28 17 26
selling expenses 3 2 3
At how much should the total stocks be valued?
A $72 B $77 C $78 D $86