Income from operation Profil Net sale 23) DVDs usually sell for $14 per unit and have a profit margin of 25%. However the expected selling price has fallen to 57 per unit. The Movie Company's current inventory includes 200 units purchased at $10 per unit Calculate the value of the inventory at the lower of cost and net realizable value $2.000 $1,250 $1,500 $1,800 O $1,400 24) In reconciling the bank balance, an unrecorded debit memorandum for printing cheques should be Added to the book balance of cash Added to the bank balance of cash