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AT (2 Marks) Several finished products are listed in the inventory account. One such product, X444, is carried at the cost of $300,000 and consists

AT (2 Marks) Several finished products are listed in the inventory account. One such product, X444, is carried at the cost of $300,000 and consists of 10,000 units. The sales manager informs the financial director that X444 has become obsolete and can only be sold for $5 per unit. The plant manager informs the financial director that for an additional $7.50 per unit, X444 can be updated and sold for $12 per unit. If you were the financial director, your decision would be.. Answers A-D A to sell the whole lot for $50,000 and record an accounting loss for $250,000. B to update X444 at the additional cost of $75,000 and sell the lot for $120,000. C to record the current value of the lot to be $125,000 (e. ($5.00 + $7.50)/unit). D to wait for a better alternative to be proposed in due course. Keyboar

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