ACCT1056 RPL Key Facts (1).docx - Reliable printers ltd(RPL case study Background information for the continuous case study Reliable Printers Ltd(RPL is

ACCT1056 RPL Key Facts (1).docx - Reliable printers ltd(RPL...

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Reliable printers ltd (RPL) case study Background information for the continuous case study, Reliable Printers Ltd (RPL), is contained in the following PDF file, click here to view this file. Key Facts Background: 1. Print books, magazines, advertising materials on a print-on-demand basis 2. E-books sales Purchases and inventory 3. 50% purchase from Australian, 50% from Asia 4. Inventory is pad in the relevant currency of the country it is purchased. 5. Raw materials have been valued at average cost 6. Allowance for inventory obsolescence has existed in the previous years to cover the estimated decline in value from the effects of storage hazards. 7. Work-in-progress is valued at the cost of raw materials, labour and a proportion f manufacturing overheads on normal capacity. 8. Warehouse is closed 28 to 30 for stocktake. Print-on-demand revenue and receivables 9. Digital library is backed up daily with backup tapes kept offsite.
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