Makebe saysJuly 14, 2024 at 2:10 pmPlease how is the unit price “12” for major jump book? Isn’t it (16 – .50)??Log in to Reply
adhi2001 saysNovember 22, 2024 at 6:25 pmas we valuate the item in inventory the formula for it is(FV-cost to sell) v/s book value (whichever is low)since book value is lesser than the latter, we valuate it using the book value onlyLog in to Reply
akono saysApril 18, 2024 at 2:33 pmI have to learn more IAS 2 to deeply understand to courseLog in to Reply
vijay saysNovember 30, 2020 at 5:43 pmHi,Can you please explain how the above is calculated and why not all Qty x unit cost? Thanks.Log in to Reply
tpile saysAugust 19, 2020 at 7:05 amSIR, In question 03, we anyway can’t include any “abnormal costs” isn”t it. Why is that it is not an answer to this question. ThankyouLog in to Reply
Please how is the unit price “12” for major jump book?
Isn’t it (16 – .50)??
as we valuate the item in inventory
the formula for it is
(FV-cost to sell) v/s book value (whichever is low)
since book value is lesser than the latter, we valuate it using the book value only
I have to learn more IAS 2 to deeply understand to course
Hi,
Can you please explain how the above is calculated and why not all Qty x unit cost? Thanks.
SIR,
In question 03, we anyway can’t include any “abnormal costs” isn”t it. Why is that it is not an answer to this question.
Thankyou