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  • 1.  NRV PART 1 CMA - HELP UNDERSTAND Q

    Posted 06-22-2022 05:07 AM
    Help undestand this question


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    Tayba Al-Mehdar
    Controller
    Khobar
    Saudi Arabia
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  • 2.  RE: NRV PART 1 CMA - HELP UNDERSTAND Q

    Posted 06-22-2022 06:17 AM
    Hi,

    See below suggested solution:

    Sales ($6 * 5,000 units)  $  30,000.00
    less:
    Cost of sales -@ NRV (SP - Selling Cost)
    ( ($6-2$) * 5,000 units )  $(20,000.00)
    Gross Margin  $  10,000.00
    less: Operating expense
    Selling Expense ($2 * 5,000 units)  $(10,000.00)
     $              0 


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    JHON PAULO DE PADUA
    Accountant
    Dubai
    United Arab Emirates
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    Original Message