IAS 2 Inventory

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May 10, 2020 at 6:37 am #570451
mukul1988
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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
May 10, 2020 at 2:37 pm #570484
Stephen Widberg
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I think you get the same answer either way

1450-10-500
or
950-10
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