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16. 3.00 points Your company has 500 units in unventory that were purchased for that will go into efflect at the beginning of next yeer

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16. 3.00 points Your company has 500 units in unventory that were purchased for that will go into efflect at the beginning of next yeer Management should $12 each These units have a current marker vlue of $St each Your supplier has just announced a price incresse to $6 so O make no odjustments to the invenory sccoun O adust the nverory account using the lower of the recent market values. which is $15 O adjust the mvemory accounr using the cost which is $1200 the inventory account using the average of the recent market values, which is $1450 Type here to

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