Beta Ltd Date: 31 March 2024
Details:
Product
Alpha
Beta
Direct costs
£70,000
£60,000
Proportion of fixed overhead
£18,000
£16,000
Proportion of selling costs
£4,500
£4,000
Net realizable value
£110,000
£90,000
Required: Explain how these items should be presented in Beta Ltd's financial statements for the year ending 31 March 2024.
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