lower of cost or market

Question

Nov 5, 2006, 01:03 PM

gdblssng

New Member

Join Date: Oct 2006

Posts: 2

lower of cost or market

I have a question I am trying to do group lower or cost or market.
I have a group of 2, product C & D.

C has 150 units at $5.00 cost/unit and $5.25 market/unit
D has 100 units at $6.50 cost/unit and $6.40 market/unit

I found the cost/unit for each, but i tried to find the market/unit and I couldn't for product D. Do you have any ideas for me?

I tried multipling 100 x $6.40. Is that right or not?

Answer this Question Ask about Finance & Accounting

« Previous Question | Next Question »

Question Tools	Search this Question
Show Printable Version Email this Page	Search this Question: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Sponsors

Similar Questions
Question	Asker	Topic	Answers	Last Post
Lower Abdominal Pain	BellaD	Pregnancy & New Motherhood	1	Oct 8, 2006 01:38 PM
Is It A Buyer's Market or Seller's Market...?	mz2richard	Real Estate	4	Apr 23, 2006 12:15 PM
pain in lower left groin	laurasmith	Women's Health	1	Dec 25, 2005 05:14 AM
opportunity cost vs relevant cost	twobytes	Accounting	2	Apr 11, 2005 01:12 PM
Pain in lower back	thompcr	Medical Conditions & Diseases	0	May 22, 2003 11:26 AM



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!