Question

Benefits of creating a provision for unrealized profit?

Answer 1

Explanation:

A business which uses factory profit may also value its inventory of finished goods on a cost plus % basis – this creates true comparisons with potential 'replacement' suppliers and shows the value added to the product through the transformation process

Answer 2

Answer:

A business which uses factory profit may also value its inventory of finished goods on a cost plus % basis – this creates true comparisons with potential 'replacement' suppliers and shows the value added to the product through the transformation process.

Explanation:

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