O-LevelAccountingPreparation of financial statements7707/12 · May/June 2013 · Q181 Mark
Khalid sells two types of goods. He provided the following information at the end of his financial year. cost per unit selling price per unit type of goods number of units cost $ carriage inwards $ total cost $ $ X 10 900 60 960 950 Y 30 1400 100 1500 2100 What was the value of Khalid's inventory?
A$51000
B$51600
C$54 500
D$54600
✓ Correct answer
C: $54 500
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