Hi
Cost technique like standard and retail method. And cost formula like FOFo and weighted average.
Now the company uses a cost techique or a cost formula tp value its inventory right?
Txs
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Inventory std
Replies (2)
What is tp value ? disclosure in balance sheet is always cost or market whichever is lower.
Sorry! I meant to value. My new mobile screen is broke and ive lamintaed it. Hence the typo. Its true B.con modules say lower of cost or nrv lol. Im just talking about cost onlyvand i have 4 choices here.
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