Manderâs net realizable value is computed as follows. Inventory valueâunfinished $1,000Less: Estimated cost of completion $ 50Estimated cost to sell 200 250Net realizable value $ 750 Mander reports inventory on its statement of financial position at $750.
Explain why the Berlin Wall was initially created. The Berlin Wall was erected in September 1961 to prevent the outflow of skilled manpower from the German Democratic Republic. What were the international implications for the fall of the Berlin Wall? When the Wall came down in 1989, it also brought down Communism and the threat of the Cold War, freeing not only Germans from continual fear but the rest of the world as well.
The major significance of this historical landmark is that it symbolized the end of communism in Germany and was the beginning of an âanti-communisticâ world. The actual wall was first built in 1961 and fell in 1989. It was a separation between eastern and western Germany. It was created by the German party GDR (German Democratic Republic). The Berlin Wall was made of concrete thus the remains are made up of the same material. Although it is under protection order as an historical landmark, the East Side Gallery has fallen victim to the ubiquitous graffiti that permeates Berlin.