Calculating donated scraps into budget.
 

When using donated scrap parts how do we calculate that into the 3,500 dollar budget? If we don't have reciepts do we use fair market value?

Re: Calculating donated scraps into budget.
 

Under [R16], even if you have the receipts for a donation, you account for it at fair market value. (Unless the donation is available to all FRC teams, like the NI and TI discounts.)

I would recommend reading the cost accounting rules from Section 4 of the Manual carefully, including the blue boxes, as those have examples of how certain scenarios would be accounted for.