35 Miss. Code. R. 4-09-01-103
Current through December 10, 2024
"Value" is determined by adding all costs, expenses and a reasonable profit of the merchandise at the time the merchandise is withdrawn from inventory. Value must include direct labor and energy, apportioned administrative expenses and any other cost incurred in manufacturing the product for sale. In no instance shall value be less than the least selling price of like merchandise.
35 Miss. Code. R. 4-09-01-103