Brief Exercise $9-1($Algo$)$ Lower of cost or net realizable value $[$LO$9-1]$

$1\mathrm{.}11$

A$1$ Electronics has one product in its ending inventory. Per unit data consist of the following: cost, $$29$; selling price, $$36$; selling costs, points $$5.$

What unit value should A$1$ use when applying the lower of cost or net realizable value rule to ending inventory?

eBook

Print

Unit value

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