1 Reilly Manufacturing took a physical count of its inventor

1. Reilly Manufacturing took a physical count of its inventory. Reilly Mfg, determ $10,200 of goods have become damaged due to a water leak in the warehouse. It is decided that $4,000 of the goods are not sellable and the remainder can be sold at a reduced price of 4,100. The cost incurred to sell the included in inventory at a value of: ds will be $1,000 he damaged goods should be A. $6,200 B. $3,100 C. $9,200 D. $3,200 E. $100

Solution

Solution: 6,200

Working:

Damaged goods value	10,200
Not sellable	4000
Balance	6,200