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Dvds usually sell for $14 per unit, and have a profit margin of 25% However, the expected selling price has fallen to $7 er unit.
Dvds usually sell for $14 per unit, and have a profit margin of 25% However, the expected selling price has fallen to $7 er unit. The movie company's current inventory includes 200 units purchased at $10 per unit. Calculate at the lower of cost and net realizable value.
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