When calculating costs associated with the sale of an item, which of the following are included in the net realisable value?
A) Marketing, manufacturing and selling costs.
B) Manufacturing, selling and distribution costs.
C) Marketing, selling and distribution costs.
D) Marketing and distribution costs.

Question

Quizplus · Accepted Answer

Net realisable value includes costs necessary to make the sale, such as marketing, selling, and distribution costs.

When Calculating Costs Associated with the Sale of an Item