SWD

[aposta28]

So they use the insect spray for 1 dollar
that makes the value $10

Was $10 the NRV or was it $9

This exam, it was so poorly written
Quite ambiguous!

[Stormer]

NRV was 9.

[sam.utute]

NRV was 9.

Had the same. NRV 9.

[Chavi]

Definitely 9, cause NRV is estimated selling prices less any additional expenses involved with marketing/distribution
i.e. 10 less 1 = 9

[mmmmm]

And the  stock write down was $288?

[Chavi]

And the  stock write down was $288?

it was 48x(15-9) = 288
well ye

[aposta28]

yeah thats correct.

however, it says the spray will be 1, that will give a value of $10

I am sure people assumed that it was already deducted and that word 'value' meant the NRv

Strange wording...

[Stormer]

yeah thats correct.

however, it says the spray will be 1, that will give a value of $10

I am sure people assumed that it was already deducted and that word 'value' meant the NRv

Strange wording...

Didn't say value, it said 'will be sold for $10'.

[Chavi]

yeah thats correct.

however, it says the spray will be 1, that will give a value of $10

I am sure people assumed that it was already deducted and that word 'value' meant the NRv

Strange wording...

"Upon further inspection of the 48 units on hand at 31 December, it was determined that these units were also diseased but were unable to be returned to the supplier. A special spray will be applied (at a cost of $1 per unit) that will allow the units to be sold for $10 each."

Hmm, it is a little ambiguous, but I think the intent was to put NRV into practice. . .

[sooeyy]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

[Stormer]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

1 of course. The wording was pretty clear I felt?

[Chavi]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

1 of course. The wording was pretty clear I felt?

I pretty sure those flowers were 'diseased'. The exam was quite clear about that. Stay away from them unless you're trying to infect someone with malaria.

[sam.utute]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

1 of course. The wording was pretty clear I felt?

I pretty sure those flowers were 'diseased'. The exam was quite clear about that. Stay away from them unless you're trying to infect someone with malaria.

It's like LEPROSY! DISEASED!

[sooeyy]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

1 of course. The wording was pretty clear I felt?

XD Well I'm asian...Actually thats not a sufficient argument, you're doing the asian 5. LOL

[Stormer]

I dunno, the wording is horrible. I just assumed that the '$10' was already the NRV...and didn't deduct the 1 from the 10. Hence, my stock writedown came to 240. >.> How many marks will I lose for that? >.<

1 of course. The wording was pretty clear I felt?

XD Well I'm asian...Actually thats not a sufficient argument, you're doing the asian 5. LOL

I'm asian too!