IAS 2 - Inventories. Revised video with solved practical sample

[@vidadogbeda5572]

Thumbs up sir👍✊

[@albertntem9181]

Great piece. Thanks

[@cashesdeyoutuber6166]

Nice ❤️❤️❤️❤️

[@kofisolo2963]

Helpful🔥

[@ronasacademy]

Glad to hear that...kindly share

[@saviourastiko8628]

Thanks for the nice presentation

[@saviourastiko8628]

thanks Sir

[@judefordjour1831]

Thanks a lot boss

[@AbakarMalgwi]

God bless you sir

[@danieldrinkbeer5204]

NICE PRESENTATION

[@ronasacademy]

Glad you liked it

[@cashesdeyoutuber6166]

Very helpful ❤️❤️

[@ronasacademy]

Thanks for feedback.

[@desireamuzu3260]

Nice job

[@ronasacademy]

Thanks!

[@atolomartha2117]

Thanks Sir for explaining this very well 🙏🙏big thanks

[@ronasacademy]

Most welcome. We are grateful for the feedback. Kindly spread the news to others. Thank you.

[@masj5359]

The explanation are super but the writings are not clear to be seen

[@jumalenanyokie9522]

Nice contents ❤❤❤❤

[@ronasacademy]

Thanks for your feedback. Kindly share with others.

[@saviourastiko8628]

Production cost. 1800 Transport cost to customer. 300 Future selling cost. 400 Selling price. 2800 What will be the NRV and lower cost

[@ronasacademy]

NRV= 2,800 - 300 - 400 = 2,100 Cost=1,800 The inventory will be measured at 1,800 since is the lower cost. No impairment will be recognize on the inventory since it measured at the cost.

[@ogechiakandu5420]

Please how do you solve for this? Santos units(17400) cost per unit(187) Cracky unit(5800) cost per unit (136) Jacko limited normally sells santona at 287 per unit and cracky at 240 per unit. Jacko limited expected to incur 77.35 pee unit in selling cost . 34 per units is expected to be incurred to complete cracky. Calculate amount to be stated in the statement of financial position

[@ronasacademy]

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