Use the information below to determine the value of the inventory according to accounting standard requirements: Inventory Category Cost Net Realisable Value Seedlings $8.400 Native trees $6.300 $9 800 $7 350 Mulch Potting mix a. $31 850 b. $29 645 OC $32 200 d. $29 295 e. None of the above 6 $7140 $6 650 $8 960 $6 895

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Use the information below to determine the value of the inventory according to accounting standard requirements:
Inventory Category Cost
Seedlings
$8.400
Native trees
Mulch
Potting mix
0
6
6
a. $31 850
b. $29645
c. $32 200
d. $29 295
$6 300
$9 800
$7 350
e. None of the above
Net Realisable Value
$7140
$6 650
$8 960
$6 895
Transcribed Image Text:Use the information below to determine the value of the inventory according to accounting standard requirements: Inventory Category Cost Seedlings $8.400 Native trees Mulch Potting mix 0 6 6 a. $31 850 b. $29645 c. $32 200 d. $29 295 $6 300 $9 800 $7 350 e. None of the above Net Realisable Value $7140 $6 650 $8 960 $6 895
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