Question
Ahmed is trying to value her inventory. He has the following information available: Particulars $ Selling Price 75 Costs incurred to date 40 Modification costs
Ahmed is trying to value her inventory. He has the following information available:
| Particulars | $ |
| Selling Price | 75 |
| Costs incurred to date | 40 |
| Modification costs to enable sale | 34 |
| Selling cost per item | 8 |
What is the net realizable value of Ahmeds inventory?
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Auditing Theory And Practice
Authors: Jerry R. Strawser, Robert H. Strawser
9th Edition
0873939336, 978-0873939331
