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O-LevelAccountingAccounting principles and policies7707/12 · May/June 2023 · Q191 Mark

Asha provided the following information about her inventory at the end of the financial year. product number of units cost price per unit $ selling price per unit $ P 200 2.50 2.00 J 300 3.00 3.50 What was the total value of Asha's inventory?

A$1300
B$1400
C$1450
D$1550

✓ Correct answer

A: $1300

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About this question

Topic
Accounting principles and policies, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2023 Paper 1 Variant 2, question 19.

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