Peasnell & Peabody Limited use a standard component in their production of office machinery.During the first week in September 20X6, the following deliveries into inventory and transfers to production of the component take place: What is the total value of the inventory of the component issued to production in the first week in September 20X6? Assume that Peasnell & Peabody use the first in, first out valuation convention.
A)£2325
B)£4650
C)£5790
D)£5865

Question

Peasnell & Peabody Limited use a standard component in their production of office machinery.During the first week in September 20X6, the following deliveries into inventory and transfers to production of the component take place:  What is the total value of the inventory of the component issued to production in the first week in September 20X6? Assume that Peasnell & Peabody use the first in, first out valuation convention.
A)£2325 
B)£4650 
C)£5790 
D)£5865

Quizplus · Accepted Answer

The Answer is D

Peasnell & Peabody Limited Use a Standard Component in Their