ACC 305 Week 4 Assignment E8-13, E8-14, E8-18, P8-5, E9-19, E9-21, P9

Feb 3rd, 2012
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ACC 305 Week 4 Assignment E8-13, E8-14, E8-18, P8-5, E9-19, E9-21, P9

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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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