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QUESTION 10 Consider the following information: Selling Price Cost Cost to Sell Item A $250 $170 $30 $20 Item B $100 $90 $350 $260 $50

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QUESTION 10 Consider the following information: Selling Price Cost Cost to Sell Item A $250 $170 $30 $20 Item B $100 $90 $350 $260 $50 Category 1 (Items A and B) Item C $300 $270 $160 $15 $25* Item D $165 Category 2 (Items C and D) $465 $430 $40 Total $815 $690 $90 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans EN A 0 0 0 *OWPXON O my by my Question Completion Status: TEND "TUU 390 ZU $350 $260 $50 Category 1 (Items A and B) Item C $300 $270 $15 Item D $165 $160 Category 2 (Items C and D) S465 $430 $40 Total $815 $690 $90 In applying the lower of cost and net realizable value rule on a category basis, inventory would be valued at: A. $725 B.$690 C. 5685 OD. 5600 E. None of the above. Save All Antwers Click Save and submit to save and submit. Click Save All Answer to save all answer ta (230 S ODWPOISON

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