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Hello John Moffat,
Please kindly ignore those yapping on endlessly about a slight written mistake. You said the right thing, followed the right principle and got the right answer.
We are all human and humans make mistakes which only makes us more human.
Please give the tutor a break and take what you have to learn from it and move on.
After all he has passed through the exams and is qualified and we are still learning. let us all stay focused and move on.
Thanks.
in point C NRV is 7..11-4=7.it’s only writting mistake.over all lecture is Good.
em ryting it in a short form….. common sense dear…..
Great lesson as usual, the tutor is only human and as we all know human makes mistakes, though he done his calculation right and even took the lower value “6″ right. The ones that are moaning needs to use some common sense.
he wrote both part b and c wrongly…. dis tutor shud beter take some math classes… :p
@khanmashal63, before sending others to school, you better learn how to spell
IAS Valuation of Inventory Example 4 – C is not correct. ? NRV 4 is the lower valuation???
@drago, 4 is not NRV. Its further cost to incurred. So NRV is 11-4=7 which is more than Cost.
u r ryt
Because 11-4 = 7
As you can hear that …
He wrote it wrong.. But said it Rite
@mosaraj, You are right. He should write 7 despite 4
Right. He recorded at 6. hehehe
4 is lower than 6… 06:47
I must be getting really good at maths now I have started the ACCA. lol
@danielglover, He wrote 4 my mistake, it should be 7 instead of 4; which comes from 11-4=7. The rest is correct.