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Octon companys carrying for last 3 years have been Tk.40,000, Tk.44,000, and Tk.47,000 against an average inventory value of Tk.182,000, Tk.200,000 and Tk.215,000 respectively. What
Octon companys carrying for last 3 years have been Tk.40,000, Tk.44,000, and Tk.47,000 against an average inventory value of Tk.182,000, Tk.200,000 and Tk.215,000 respectively. What value should Octon use as the carrying cost percentage for inventory calculation purposes.
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