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Apply 15% to calculate normal profit. Create 3 tables to determine NRV - Ceiling, NRV - Floor, value that will be used as the market
Apply 15% to calculate normal profit. Create 3 tables to determine NRV - Ceiling, NRV - Floor, | |||||||||
value that will be used as the market amount. Please explain each value used as the market amount. | |||||||||
PLEASE PROVIDE A CLEAR CALCULATION AND BRIEF EXPLANATION | |||||||||
Products | A | B | C | D | E | F | |||
COST | 7.50 | 5.80 | 8.80 | 9.50 | 4.50 | 5.75 | |||
Replacement | 6.00 | 5.50 | 4.50 | 8.50 | 4.00 | 3.50 | |||
Expected Selling Price | 10.00 | 4.00 | 7.00 | 7.50 | 6.00 | 8.00 | |||
Cost to Complete or Sale | 3.50 | 2.50 | 4.00 | 5.00 | 1.50 | 3.00 | |||
Normal Profit | |||||||||
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