User Account

All Pages

What amount should the items be valued

Assignment Help Accounting Basics
Reference no: EM132604614

Green co. ltd has the following items of inventory. Material costing $12,000.00 bought for processing and assembly for a profitable special order. Since buying these items, the cost price has fallen to $10,000.00.

Required:

Question 1: In accordance with IAS 2 inventories, at what amount should the above items be valued?

Reference no: EM132604614

Questions Cloud

What is thyroid gland : What is a thyroid gland? How much do people understand about it? The organ is located at the base of the neck, surrounding the trachea
Prepare the equity and reserves section of the statement : Prepare the equity and reserves section of the statement of Financial Position as at 30 Sept 2015. An interim dividend of $4500 was paid during the year
How much can randall deduct due to these losses : Randall's share of the corporation's ordinary loss is $24,000 and his share of its capital loss is $16,000. How much can Randall deduct due to these losses
Non-autonomous traffic management system : Create a consultative report that addresses the data requirements of a Driverless, Non-autonomous Traffic Management System as well as commenting
What amount should the items be valued : Green co. ltd has the following items of inventory. In accordance with IAS 2 inventories, at what amount should the above items be valued?
How to figure the amount of time a student spends : Which equation shows how to figure the amount of time a student spends watching TV during a week? A equals the total amount of time watching TV
Estimated merchandise inventory destroyed : On February 7 of the following year, the merchandise inventory was destroyed by fire. Estimated merchandise inventory destroyed
Advanced materials used in making microprocessor chips : List of advanced materials used in making microprocessor chips (in addition to single-crystal, high-purity silicon): Interconnects, ohmic contacts
What financial cons of accepting order from wedding party : Explain What is financial advantage (disadvantage) of accepting the special order from the wedding party if the unit product cost for this bracelet is $272.00

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd