Page 80 - P1 Integrated Workbook STUDENT 2018
P. 80

Chapter 5




               2.2  The relevant cost of materials



                                                           No
                     Are the materials

                          already in                                           Cost of purchase

                         inventory?


                       Yes


                                                          Yes
                         Will they be                                          Replacement cost
                          replaced?



                        No


                    Will they be used                      Yes
                           for other                                          Opportunity cost of
                                                                                 alternative use
                         purposes?



                         No




                     Net realisable value




























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