At 30 September 2005 Ballata had the following inventories:
|
|
Cost
EUR
|
Selling Price
EUR
|
Estimated cost of realization
EUR
|
|
120 'Ping' irons No. 3
|
5,880
|
7,215
|
35
|
|
475 Doz golf balls
|
8,225
|
9,100
|
975
|
|
17 High-velocity shotguns
|
71,655
|
120,620
|
2,010
|
|
18 9mm Uzi
|
270,000
|
640,250
|
2,500
|
|
10 terminator 2 videos
|
790
|
2,700
|
25
|
|
100 return to the Blue Lagoon videos
|
7,999
|
6,250
|
240
|
Calculate the value of inventory as at 30 September 2005.