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As a result of a water leak during July, a portion of XYZ Ltd's inventory was damaged. After assessing the damaged goods, the following values
As a result of a water leak during July, a portion of XYZ Ltd's inventory was damaged. After assessing the damaged goods, the following values were determined on July 31:- Net Realizable Itemp Units* 5,000 3,000 2,000 Cost per UnitValue per Unit' $25 S35 $80 $15 $30 $85+ Bo What inventory value should be reported at July 31 a. $400,000v b. $335,000 c. $390,000v d. $325,000
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