Item A cost 8,000, NRV 7,200; item B cost 5,000, NRV 6,000. Item-wise stock value?
ARs 13,000
BRs 12,200
CRs 13,200
DRs 14,000
Answer & Solution
Correct answer: B. Rs 12,200
Item A is taken at NRV Rs 7,200 and item B at cost Rs 5,000, giving Rs 12,200.
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