Question

Cost of a partly finished unit at the end of 2016-17 is ` 150. The unit can be finished next year by a further expenditure of ` 100. The finished unit can be sold at ` 250, subject to payment of 4% brokerage on selling price.then calculate inventory

Answer 1

Answer:

When 4% brokerage on selling price then the inventory is the double of this.

Explanation:

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