and Z on Dec. 31, 20x1 is as follows: Information on Crythena Co.'s inventories of Products X, Y nd Z on Dec. 31, 20x1 is as follows: Y No. of units Purchase cost (per unit) Delivery cost from supplier (per unit) Estimated selling price (per unit) Estimated costs to sell (per unit) 3,700 2,500 1,300 P50 P30 P109 4 68 56 60 250 4 8 75 What amount of inventory is reported in the financial statements? a. 549,900 b. 518,600 c. 504,900 d. 490,800

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter12: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 12.17E: Variable cost concept of product pricing Based on the data presented in Exercise 12-15, assume that...
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and Z on Dec. 31, 20x1 is as follows:
Information on Crythena Co.s inventories of Products X y
and Z on Dec. 31, 20x1 is as follows:
Y
No. of units
Purchase cost (per unit)
Delivery cost from supplier (per unit)
Estimated selling price (per unit)
Estimated costs to sell (per unit)
3,700
2,500
1,300
P50
P30
P109
4
68
56
60
250
4
8
75
What amount of inventory is reported in the financial statements?
a. 549,900
b. 518,600
c. 504,900
d. 490,800
Transcribed Image Text:and Z on Dec. 31, 20x1 is as follows: Information on Crythena Co.s inventories of Products X y and Z on Dec. 31, 20x1 is as follows: Y No. of units Purchase cost (per unit) Delivery cost from supplier (per unit) Estimated selling price (per unit) Estimated costs to sell (per unit) 3,700 2,500 1,300 P50 P30 P109 4 68 56 60 250 4 8 75 What amount of inventory is reported in the financial statements? a. 549,900 b. 518,600 c. 504,900 d. 490,800
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