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Current Attempt in Progress Wildhorse Company sells product 2005WSC for $85 per unit. The cost of one unit of 2005W5C is $82, and the replacement
Current Attempt in Progress Wildhorse Company sells product 2005WSC for $85 per unit. The cost of one unit of 2005W5C is $82, and the replacement cost is $81. The estimated cost to dispose of a unit is $6, and the normal profit is 40% of selling price. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market? $81. O $79. O $45. O $82
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