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At the end of the year, a company reports the following inventory amounts ($ per unit): Item # of Units Cost Net Realizable Value 100

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At the end of the year, a company reports the following inventory amounts ($ per unit): Item # of Units Cost Net Realizable Value 100 $5 $6 Y 200 $8 $7 How much will inventory for each product need to be reduced using the lower of cost and net realizable value method? A Reduce Produce X by $100 Reduce Product Y by $200 Reduce Produce X by $0 Reduce Product Y by $100 oc Reduce Produce X by So Reduce Product Y by $200 Reduce Produce X by $100 Reduce Product Y by 50 Moving to another question will save this response

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