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Which Of These Might Cause The Value Of Inventory To Fall Below Its Original Cost? (Check All That Apply.). Which of these might cause the value of inventory to fall below its original cost? The following are the reasons why the value of inventory might fall below its original cost:
To determine which factors might cause the value of inventory to fall below its original cost, we need to consider each option: Whatever the reason for a. Obsolescence from going out of style 2.
If inventory is damaged, it may lose value and be. (check all that apply.)increased competitiondecrease. Whatever the reason for a.
The factors that might cause the value of inventory to fall below its original cost are: On may 1, beginning inventory consists of 10 items at a cost of $10 each. If a company's inventory consists of.
Which of these might cause the value of inventory to fall below its original cost? Which of these might cause the value of inventory to fall below its original cost? On may 3, 10 items are.
When this happens, the original cost of the goods should be written down to its nrv to reflect the loss in value. Nrv considers that inventory’s value can decline below its original cost. Multiple select questionselect all that applywhich of these might cause the value of inventory to fall below its original cost?
(check all that apply) a) obsolescence from going out of style b) increased competition c) damage d). Decrease in gross profit, damage, increased competition, or obsolescence. The following are the reasons why the value of inventory might fall below its original cost:
