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11. Zoe company has provided the following values for its 400units of inventory at the end of 2014: Historical cost. $65.00 per unit Replacement cost.
11. Zoe company has provided the following values for its 400units of inventory at the end of 2014:
Historical cost. $65.00 per unit
Replacement cost. $54.20 per unit
Net realizable value. $54.50 per unit
Normal profit margin. $13.80 per unit
Under IFRS requirements, the per-unit reported value for Zoe
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428858, 133428850, 133428702, 978-0133428704
