There are two primary methods available for valuing inventory: Cost â defined as the price paid to acquire the inventory including direct and indirect costs. Historical cost is the primary method of valuing inventory for accounting purposes. Lower of cost or market â measures the residual usefulness of inventory based on its market value.
Permanent label required to identify length of dryer exhaust. Â« on: February 23, 2010, 11:27:33 AM Â». I heard the 2009 Mechanical and Residential codes now require the length of the concealed exhaust duct for the dryer be identified on a permanent label.
The new Section M1502.8 duplicates the language in Section G2439.5.2 for gas dryers. Most dwellings have a space for a dryer installation and the intent of this language is to require installation of a clothes dryer exhaust system at the time of construction so it may be inspected for compliance with the code. Adding Section M1502.8 applies the requirement to electric dryers.