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Page 1 2 2 ml M1 Question 29 (1 point) Montreal Inc. is a wholesaler of electronics. It purchased 1.200 units of Product X for

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Page 1 2 2 ml M1 Question 29 (1 point) Montreal Inc. is a wholesaler of electronics. It purchased 1.200 units of Product X for $600 each during 2018. The selling price during the year was $800 per unit. At year end, it had 200 units on hand and due to changes in technology, the selling price will have to be reduced by 35% in order to sell them. The value of each unit of Product X for the year-end inventory presentation should be . 1 $520 10 O $600 13 14 15 $660 10 17 18 $280 19 20 21 22 24 Question 30 (1 point) Anderson's Used Cars uses the specific identification formula of costing inventory During March Anderson purchased three cars: a Honda Civic for $6.200, a Chevy Malibu for $7.300, and a Ford Pinto 58.400, respectively. During March, two cars are sold for $8.600 each. Anderson determines that at March 31, the Ford Pinto is still on hand. What is Anderson's cost of poods sold for March? 25 2 22 $13.500 20 24 30 517200 $8.400 513.700

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