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Flin Flon Limited sells two products whose prices are sensitive to price fluctuations. The following inventory information is available for these products at March

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Flin Flon Limited sells two products whose prices are sensitive to price fluctuations. The following inventory information is available for these products at March 31, 2021: Product Unit Amount Unit Price (Cost) Unit Price (NRV) A 60 $12 $10 B 35 $21 $23 Which of the following statements are true? Only Product B will require a write down Product A and B will both require a write down Neither Product A or B will require a write down Only Product A will require a write down A write down should occur at the time the product is sold and revenue is recognized

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