The manufacturing company has an annual stock take, the factory did not cease production during the stock take and some goods in work in progress (costing £11,000) were later counted again and included in finished goods (cost £15,000), as a result net profit was:

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The Answer of The manufacturing company has an annual stock take, the factory did not cease production during the stock take and some goods in work in progress (costing £11,000) were later counted again and included in finished goods (cost £15,000), as a result net profit was:

The Manufacturing Company Has an Annual Stock Take, the Factory