You can't. Unless you have some trend or a formula.
what is the definition of historical cost
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
I believe historical cost is the original cost @ time of buying. Replacement cost is the price it would cost you @ present day values
opportunity cost historical cost
HIstorical cost based depreciation tends to increase profits when there is inflation
what is the definition of historical cost
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
strength of historical cost accounting
Calculate cost of debt for what??????
I believe historical cost is the original cost @ time of buying. Replacement cost is the price it would cost you @ present day values
Historical cost model is a valuation process for assets wherein they are valued at cost of acquisition plus all costs incidental to cost of acquisition.
Historical cost and fair value are opposite effects. Historical cost, also known as historical value, is what an item is worth due to its age. Fair value is what the actual value of said item is.
opportunity cost historical cost
HIstorical cost based depreciation tends to increase profits when there is inflation
Variable cost = Total Cost/ fixed cost
To calculate the cost of goods you have to substract the gross profit from total sales.
calculate the average cost of placing one order