acct 2301

At the end of the year, a company reports the following inventory amounts ($ per unit): Item #of Units Cost Net Realizable Value $7 $6 Y 200 $8 $9 How much will inventory for each product need to be reduced using the lower of cost and net realizable value method? 100 00 O A Reduce Produce X by S100 Reduce Product Y by S100 OB. Reduce Produce X by S100 Reduce Product Y by $200 OC Reduce Produce X by So Reduce Product Y by $200 E OD Reduce Produce X by $100 Reduce Product Y by SO