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Pendle Unsworth Limited Manufactures Baby Buggies and Pushchairs

Question 9

Multiple Choice

Pendle Unsworth Limited manufactures baby buggies and pushchairs.One of the materials used in production is a heavily plasticized fabric.During the first week in January 20X4 the following deliveries into inventory and transfers into production of the fabric take place: Pendle Unsworth Limited manufactures baby buggies and pushchairs.One of the materials used in production is a heavily plasticized fabric.During the first week in January 20X4 the following deliveries into inventory and transfers into production of the fabric take place:   What is the value of the closing inventory of the fabric, assuming that the company adopts the AVCO convention of inventory valuation (to the nearest £) ? A) £2315 B) £3069 C) £5875 D) £3019 What is the value of the closing inventory of the fabric, assuming that the company adopts the AVCO convention of inventory valuation (to the nearest £) ?


A) £2315
B) £3069
C) £5875
D) £3019

Correct Answer:

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