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?
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.