1. discuss the key elements of the inventory costing, Ask an Expert

Accounting

1. Discuss the key elements of the inventory costing method.

2. Discuss why it is appropriate to use this method.

3. What general criteria should be use to determine inventory carrying amounts at December 31, 2009?

4. What cost should be reported in 2009 income statement? Ignore the lower of cost or market consideration.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9443079

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