Question
The Satrbucks Limited has some partially-completed inventory located in its factory, as follows: Production costs incurred to date USD 9,600 Production costs to complete USD
The Satrbucks Limited has some partially-completed inventory located in its factory, as follows:
Production costs incurred to date USD 9,600
Production costs to complete USD 6,000
Transport costs to customer USD 900
Future selling costs USD 1,200
Selling price USD 10,200
According to IAS 02, what is the NRV of Star Buks inventory?
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Fundamentals Of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
1st Edition
0072992573, 9780072992571
