We are still discussing the sales of our HEMS products with the customer.
We have no intention to sell our products at the price lower than the total cost even if we keep our products in the warehouse for more than 1 year.
In such case, it is not necessary to appraise any loss for our inventory.
Am I correct?
But the "Dedicated cable for Smart EL sensors 30m" is too difficult to sell right now because the length of cable is too long for customer's need.
Actually, we keep "Dedicated cable for Smart EL sensors 30m" with the inventory cost of 44,788.93 THB.
In this case we appraise loss of 44,788.93 THB for the inventory.
Am I correct?