How do Blue Apron meals work? Blue Apron is a fresh ingredient and recipe delivery service that helps chefs of all levels cook incredible meals at home. We take care of the menu planning and shopping (providing you with fresh, locally sourced ingredients in pre-measured quantities), so all you have to do is cook and enjoy (please note: our blog is full of helpful tips that will help you cook with speed and ease).
IAS 2 is an international financial reporting standard produced and disseminated by the International Accounting Standards Board (IASB) to provide guidance on the valuation and classification of Inventories.AS 2 also requires the use of First-in, First-out (FIFO) principle whereby the items which have been in stock the longest are considered to be the items that are being used first, ensuring those items which are held in inventory at the reporting date are valued at the most recent price.
FAS 151: Inventory Costs an amendment of ARB No. 43, Chapter 4 FAS 151 Summary This Statement amends the guidance in ARB No. 43, Chapter 4, âInventory Pricing,â toclarify the accounting for abnormal amounts of idle facility expense, freight, handling costs, andwasted material (spoilage).aragraph 5 of ARB 43, Chapter 4, previously stated that â. . . under some circumstances,items such as idle facility expense, excessive spoilage, double freight, and rehandling costs may Page 8. Copyright Â© 2004, Financial Accounting Standards Board Not for redistribution.