Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has declined below cost. Which of the following methods may Ziegler use to adjust its inventory to market value? A) Recognize the write-down as a separate line item.
B) Recognize the write-down as an addition to cost of goods sold.
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has declined below ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has declined below cost.