The Aérotech group manufactures cabin equipment. At the reporting date, it holds a passenger seat in progress and a completed cabin panel, two separate items that the facts of the case do not allow to be grouped. Seat in progress: cost incurred 15,400, estimated selling price once completed 19,000, estimated costs of completion 2,600, estimated selling costs 700. Completed panel: cost 9,800, estimated selling price 10,200, estimated selling costs 950. What is the total amount of these inventories in the statement of financial position, and what write-down must be recognised?
- Seat: cost incurred
- 15,400
- Seat: estimated selling price once completed
- 19,000
- Seat: estimated costs of completion
- 2,600
- Seat: estimated selling costs
- 700
- Panel: cost
- 9,800
- Panel: estimated selling price
- 10,200
- Panel: estimated selling costs
- 950