Hi
As the given example in IAS 2 - I have doubt that that why you did not take Selling price per unit for calculation of NRV of first stage production
As i see you take backward approach for calculation of NRV of first stage production
Thanks
Ask the Tutor ACCA SBR
IAS 2 Inventory
I think you get the same answer either way
1450-10-500
or
950-10
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