# ASC 330-978-50: Inventory — Real Estate—Time-Sharing Activities — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/330/978/#50-disclosure)

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## ASC 330-978-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/330/978/#50-disclosure)

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##### [330-978-50-1](https://asc.understandingaccounting.org/asc/330/978/#330-978-50-1)

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See paragraph [978-330-35-1](https://asc.understandingaccounting.org/asc/330/978/#330-978-35-1) for disclosure requirements for changes in estimates used to perform the [relative sales value method](https://asc.understandingaccounting.org/glossary/r/#relative-sales-value-method "The relative sales value method is similar to a gross profit method and is used to allocate inventory cost and determine cost of sales in conjunction with a sale. Under the relative sales value method, cost of sales is calculated as a percentage of net sales using a cost-of-sales percentage—the ratio of total estimated cost (including costs to complete, if any) to total estimated time-sharing revenue. Time-sharing revenue is calculated as total expected future revenue adjusted for total expected future bad-debt expense.").