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One of units that XCF Co. produces, G1-q, is sold primarily overseas and the country that imports the most units is in a recession, decreasing
One of units that XCF Co. produces, G1-q, is sold primarily overseas and the country that imports the most units is in a recession, decreasing demand for all foreign products. If the cost of the inventory is $957,300 and estimated future sales price is $1,220,558, what value should appear on XCF Co.'s balance sheet for G1-q, assuming the replacement costs are $1,053,030 and the shipping costs to the U.S. for sale is $335,055? (A 15)
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$885,503
$1,148,760
$1,053,030
$957,300
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