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$21,000 $16,364 QUESTION 4 Fargo Inc. purchased inventory from a company going out of business for a basket purchase price of $20,000. Details of the
$21,000 $16,364 QUESTION 4 Fargo Inc. purchased inventory from a company going out of business for a basket purchase price of $20,000. Details of the items purchased and their expected sales prices are as follows: Inventory Number of Items Sales Price Item Purchased per Item 100 $150 B 88 $125 60 $400 What is the inventory cost assigned to one unit of inventory item C? (Round any percentages to the nearest one percentage and dollar amounts to the nearest dollar) $60 $160 $44 $50
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