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The Following Information Relates to the Total Production Costs and Estimates

Question 50

Multiple Choice

The following information relates to the total production costs and estimates of realisable value for a line of water pistols produced by Splash Happy Co LtD. The following information relates to the total production costs and estimates of realisable value for a line of water pistols produced by Splash Happy Co LtD. Packaging and transport costs are necessarily incurred in order to be able to sell the inventory.What is the value of the inventory in accordance with AASB 102? A) $37,000 B) $21,000 C) $39,000 D) $36,000 E) None of the given answers. Packaging and transport costs are necessarily incurred in order to be able to sell the inventory.What is the value of the inventory in accordance with AASB 102?


A) $37,000
B) $21,000
C) $39,000
D) $36,000
E) None of the given answers.

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