A company regularly uses a material. It currently has 100kg in inventory for which it...

70.2K

Verified Solution

Question

Accounting

image
A company regularly uses a material. It currently has 100kg in inventory for which it paid $200. If it were sold it could be sold for $3 per kg. The market price is now $4 per kg. A customer has placed an order that will use 200kg of the material. The relevant cost of the 200kg is: A $500 B $600 C$700 D $800

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students