What is the equation for calculating ceiling?
Answer:
ceiling = NRV;
ceiling/NRV = selling price - disposal cost
What is the equation for calculating ceiling?
Answer:
ceiling = NRV;
ceiling/NRV = selling price - disposal cost
Accounting MCQ
Inventory Valuation of LCNRV & LCM Method
What is the equation for calculating ceiling?
Answer:
ceiling = NRV;
ceiling/NRV = selling price - disposal cost
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