CFC Exame de Suficiência

Practice session

A commercial entity presents 1,000 units of a merchandise in inventory at an acquisition cost of R$ 120.00 per unit. At the end of the reporting period, market conditions changed and the estimated selling price dropped to R$ 130.00 per unit, while estimated selling expenses and freight costs required to complete the sale are estimated at R$ 25.00 per unit. According to NBC TG 16 (R1) / CPC 16 (Estoques), what is the valuation of the inventory on the balance sheet and the impairment impact on profit or loss?

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