acc305_wk_4_p9_1

Apr 17th, 2015
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Aberystwyth University
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Hi there.This document contains A+ work for the course ACC 305.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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Student Name: InstructorClass: McGraw-Hill/IrwinProblem 09-01THE DECKER COMPANYInventoryRequirement 1:(1)ProductABCDEUnits1,000800600200600$RC12,0008,8001,2008007,200$(2)(3)CeilingFloorNRV13,60012,2404,0801,0206,630NRV-NP7,2006,4802,1605403,510Totals$(4)DesignatedMarketValue[Middlevalue of(1), (2) & (3)]$12,0008,8002,1608006,630$30,390Correct!Inventory carrying value:$28,030- Correct!$$30,3903,210- Correct!Requirement 2:Inventory carrying value:Loss from inventory write-down:(5)$$Cost10,00

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