Business
Business, 06.11.2019 03:31, danielzgame

Garcel, inc., held unfinished lifo inventory at a cost of $85,000 with a sales value of $125,000. the inventory will cost $10,500 to complete. the normal profit margin is 30% of sales. the replacement cost of the inventory was $75,000. what amount should garcel report as inventory on the balance sheet?

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Garcel, inc., held unfinished lifo inventory at a cost of $85,000 with a sales value of $125,000. th...

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