O-LevelAccountingAccounting principles and policies7707/11 · May/June 2023 · Q191 Mark

At the end of the financial year, Gina had the following items of clothing in her inventory. 100 t-shirts: cost price per unit $15, selling price per unit $30 200 dresses: cost price per unit $40, selling price per unit $30 What was the value of Gina's inventory?

A$7500

B$9000

C$9500

D$11000

✓ Correct answer

A: $7500

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Topic: Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2023 Paper 1 Variant 1, question 19.

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At the end of the financial year, Gina had the following items of clothing in her inventory. 100 t-shirts: cost price per unit $15, selling price per unit $30 200 dresses: cost price per unit $40, selling price per unit $30 What was the value of Gina's inventory?

✓ Correct answer

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