inventory valuation

Project Description:

grape farm had 400 acres of field corn planted. the corn will not be harvested until the fall. the accumulated cost of the corn is $95,000. the estimated selling costs are $4,500. the current land costs are $5,000 per acre. although there is no current market value available for land growing a corn crop on it, tfi is certain that this land would sell for more than $2,200,000.

determine the inventory valuation using both us gaap and ifrs
Skills Required:
Project Stats:

Price Type: Negotiable

Completed
Total Proposals: 3
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