Lower of Cost or Market Example Spreadsheet.xlsx - Product 1 Product 2 Product 3 Product 4 Product 5 Product 6 Actual Cost Replacement Cost Sales Price

Lower of Cost or Market Example Spreadsheet.xlsx - Product...

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Actual CostReplacement CostSales PriceSelling ExpensesNormal ProfitMarketProduct 1$2.50 $2.60 $3.20 $0.45 $0.20 $2.60 Product 2$1.12 $1.00 $1.28 $0.32 $0.07 $0.96 Product 3$0.54 $0.50 $0.68 $0.13 $0.10 $0.50 Product 4$0.75 $0.85 $1.07
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