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In 2011,DimDung Inc

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In 2011,DimDung Inc.Company acquired production machinery which now has a book value of ¥740,000.The undiscounted cash flows from use of the machinery is ¥365,000.and it's fair value is ¥350,000.DimDung has determined that an impairment loss has occurred.What is the carrying value of the machinery after the journal entry to record the impairment loss has been recorded?


Definitions:

Variable Product Cost

Variable product cost includes costs that vary directly with the production volume, such as raw materials and direct labor.

Markup Percentage

The proportion added onto the purchase price of products to encompass operational costs and earnings.

Variable Product Cost

Expenses associated with the manufacturing of a product that fluctuate with the level of production output, including costs for materials and labor directly involved in production.

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