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Calculate the closing inventory or stock

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Question 1: Calculate the closing inventory/stock at 31 December 2008 is made up as follows:

Product           Cost                       Net realisable value £

A                    6,000                        7,100

B                     8,200                       7,500

C                     1,550                       1,500

total                  15,750                    16,100

Reference no: EM132473888

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