Lower of Cost or Market Value
This video will demonstrate how to apply the lower of cost or market rule in inventory valuation, which you just read about.
Source: Dave Alldredge, https://youtu.be/PupmFC2pxH4?list=PL8Sg4W1XyHvBVuu9mi-1eH_A_TH-w-75V This work is licensed under a Creative Commons Attribution 3.0 License.
Last modified: Monday, March 21, 2022, 7:47 AM