Historical Cost of Inventory
What is the Historical Cost of Inventory?
Expert
Historical Cost of Inventory: Historical cost of inventory signifies the buying cost of inventory. As per rule, we compute value of inventory on the basis of historical cost and market cost which ever will be low. For illustration, you are wholesaler you had purchased inventory at the cost of $ 100 but now, similar inventory, you and other wholesaler are purchasing on $ 90. Therefore, net realizable value is less than the historical cost. Therefore we will compute inventory at $90.
A CD/$ bank trader is presently quoting a small figure bid-ask of 35-40, while rest of the market is trading at the CD1.3436-CD1.3441. Specify what all is implied about trader’s beliefs by his prices?
What is your recommendation concerning investment with/in the Value Trust? a. Why do you recommend? b. Why don’t you recommend?
Give a short introduction about the term uniform costing?
Student faces a lot of difficulties in Matlab control system assignments and topics. If you are also having same issues and problems then www.tutorsglobe.com is the best available solution for you. We have highly skilled and experienced tu
Give a short introduction about the term ‘Fixed Overhead Variance’?
Define Expenditures with suitable example?
1 You're trying to save to buy a new $200,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 5.5 percent annual interest on its accounts. How long will it be before you have enough to buy the car? 2 Although appealing
What is currency trading at discount or at premium in forward market?
Give a short introduction of the term ‘purchase budget’?
Define transaction exposure and explain how it is different from the economic exposure?
18,76,764
1954614 Asked
3,689
Active Tutors
1444128
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!