NRV vs Cost

G Murdy
Mind Map by , created about 3 years ago

A simple map definining NVR vs Cost

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G Murdy
Created by G Murdy about 3 years ago
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NRV vs Cost

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1 COST: All costs incurred in bringing inventory to its present location and condition
2 NRV: NET REALISABLE VALUE: Actual or estimated selling price less all further costs to completion and all costs to be incurred in marketing, selling and distribution

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