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Please help me to Draw a diagram in Lucidchart to calculate the total adjustment necessary to report the value of the inventory at the lowest
Please help me to Draw a diagram in Lucidchart to calculate the total adjustment necessary to report the value of the inventory at the lowest of cost or market. After all inventory items have been processed, the program should report the total adjustment and the total number of inventory items that were adjusted.
This is Program flowchart for cost or market adjustment:
- need the knowledge of accounting rule to adjust the value of inventory at the lowest of cost or market. Make sure you fully understand how the adjustment is calculated.
- Identify the data that the user should input to calculate the adjustment for an unknown number of items in the inventory.
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