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Explain the quantity and valuation of motors

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Question - A manufacturer of outboard motors accumulates production costs on job cost sheet. On March 20, lot No. k-37, consisting of 100 identical motors, was completed at a cost of Birr 14,000. 25 motors were shipped on consignment to a dealer in Dire Dawa, and another 25 were sent to a consignee in Bahir Dar. The remaining 50 motors were in the manufacturer's stock room on March 31, the end of the fiscal year. Neither the consignee submitted an account sale for March. Explain the quantity and valuation of motors in the manufacturer's balance sheet on March 31.

Reference no: EM133027649

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