Question
S, an entity had 500 units of product X at 30 June 2015.
The product had been purchased at a cost of $18 per unit and normally sells for $24 per unit. Recently, product X started to deteriorate but can still be sold for $24 per unit, provided some rectification work is undertaken at a cost of $3 per unit. What is the value of closing inventory at 30 June 2015.Solution
As per AS – 2, the inventories are to valued at cost or NRV, whichever is lower. Here, cost = 18 and NRV = 24-3=21. So, lower among the two is cost, i.e. 18*500 units.
If Â
 = 4 then Find the remainder on dividing (5x 3  + 4x 2  – 10x + 1) by (2x – 4).
If polynomial P(x) = x3 - 3x2 + 5x-3 is divided by polynomial G (x) = x2 - 2, the quotient and remainder are:
 `sqrt(sqrt(20+sqrt(20+sqrt(20)) ... prop)`  = ?
If 3x + (1/3x) = 9 then find 27x³ + (1/27x³ ) = ?
If, ( a + b = 12 ) and ( a² + b² = 80 ), then find the value of (a³ + b³). Â
If 1/(x+ 1/(y+ 1/z)) = 13/30, then find x+y+z= ?
Average marks scored by Vineet in five subjects are 60. The average marks scored by him (excluding his highest and lowest marks) are 50 and lowest marks...
If, 3x + 2y = 15, and 2xy = 12, and 3x > 2y, then find the value of 27x³ – 8y³.
If (a2  + 1/a2 ) = 66, then find the value of (a3  – 1/a3 ).
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