2006-12-14 10:47:31 · 4 answers · asked by tskcont 2 in Business & Finance ➔ Small Business
it is calculated at cost
2006-12-14 11:26:16 · answer #1 · answered by Anarchy99 7 · 0⤊ 0⤋
inventory is calculated at cost price...what you paid for you as the retail price costs profit and you haven't made it yet. HOwever, if you were clever, you could incoporate that into your goodwill.
2006-12-14 10:51:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It is usually calculated at cost.
2006-12-14 10:52:29 · answer #3 · answered by Flyby 6 · 0⤊ 0⤋
I suggest you price it at what the buyer would pay for if he/she is going to buy said product again. For example, your inventory cost for product A is $1. But to buy it again for sale, current price is already $1.2. You should therefore price it at $1.2.
2006-12-14 19:22:14 · answer #4 · answered by BATMAN 4 · 0⤊ 0⤋