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Consider the following information pertaining to OldWest's inventory: Product Revolvers Spurs Hats Quantity cost 17 $128 22 27 15 50 Net Realizable Value $154 22

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Consider the following information pertaining to OldWest's inventory: Product Revolvers Spurs Hats Quantity cost 17 $128 22 27 15 50 Net Realizable Value $154 22 40 At what amount should Old West report its inventory? Multiple Choice $3,520. $3,702 $3,354 $3,260. On April 1, a company purchased two units of inventory, A and B. The cost of unit A was $660, and the cost of unit was $575. On April 30, the company had not sold the inventory. The net realizable value of unit A was now $680 while the net realizable value of unit was $500. The adjustment associated with the lower of cost and net realizable value on April 30 will be: 55 55 55 1. Cost of Goods Sold Inventory 2. Inventory Cost of Goods Sold 3. Cost of Goods Sold Inventory 4. Inventory Cost of Goods Sold 55 75 75 75 75 Multiple Choice Option 4 Ootion 2 Option 3 com/flow/connect.html Updates Ready to Install Do you want to restart to insta updates now or try tonight? Saved mventory records for Dunbar incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr.20 Purchase Number of Units 410 370 Unit Cost $2.31 2.70 Dunbar sold 650 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice 5947 $300 $351 S007 Keyboard

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