COMPACK 09, HOW TO DO QUESTION 1.2.1??( question included)

[jean23]

How to work hoe to net realisable value... for each?
quantity on hand=12 unites(standard pizza oven),23 units( super crema coffee maker), 16 units (Bain Marie)
cost price=8000(standard pizza oven),3500( super crema coffee maker),3000(Bain Marie)
selling price=12000(standard pizza oven),5250( super crema coffee maker),4500(Bain Marie)


Leigh calculated that the cost to rewire the standard pizza ovens and the super crema coffe makers would be 2000 each. Each Bain Marie required a new panel at a cost of 500 each.

[mba]

Just did this paper.

Net Relisable value refers to the stock items estimated selling price less any selling, marketing or distribution expenses.

Therefore ...

Standard Oven is 12 000 - 2000 = 10 000 each
Coffee makrer is 5 250 - 2000 = 3 250 each
Standard Pizza is 4 500 - 500 = 4000 each

MBA.