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 Berlin Wall: The Fall of the Wall. On November 9, 1989, as the Cold War began to thaw across Eastern Europe, the spokesman for East Berlinâs Communist Party announced a change in his cityâs relations with the West. Starting at midnight that day, he said, citizens of the GDR were free to cross the countryâs borders.ntroduction. On August 13, 1961, the Communist government of the German Democratic Republic (GDR, or East Germany) began to build a barbed wire and concrete âAntifascistischer Schutzwall,â or âantifascist bulwark,â between East and West Berlin.