If value of final sales is $48000 and net realizable value is $35000, then value of sales costs would be
A. $35,000
B. $13,000
C. $83,000
D. $48,000
Answer: Option B
Solution(By Examveda Team)
If value of final sales is $48000 and net realizable value is $35000, then value of sales costs would be $13,000.Sales Cost = Final Sales - Net Realizable Value.
= $48000 - $35000 = $13000.
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Sale Value = $48000
Net realizable value = $35000
Selling cost = Sale Value - Net realizable value
= $48000 - $35000 = $13000
How?