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.
Berlin crisis of 1961. Berlin crisis of 1961, Cold War conflict between the Soviet Union and the United States concerning the status of the divided German city of Berlin. It culminated in the construction of the Berlin Wall in August 1961. Prelude to the crisis. In 1948, when the Soviet Unionâs blockade of Berlin prevented Western access to that city, the United States and the United Kingdom responded by initiating the Berlin airlift to keep food and supplies flowing to West Berlin and to maintain its connection to the West.