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ACCT 1110: Financial Accounting I (S14) vestion 9 ot yet A business usually sells its product for $135 per unit. It has recently come to
ACCT 1110: Financial Accounting I (S14) vestion 9 ot yet A business usually sells its product for $135 per unit. It has recently come to our attention that the expected unit selling price has fallen to $ 95 per unit. Our current inventory includes 105 units purchased at $ 90 per unit. Calculate the value of the inventory at the lower of cost and net realizable value. nswered arked out of 00 Select one: Flag question O a. $ 14,175 O b. $ 9,450 O c. $ 8,500 O d. $7,000 O e. $ 9,975 Next page
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