Question 1&2 Multiple Choice

1)

2)

a)$27,500 b)$27,200 c)$1,850 d)$28,300 e)$1,885

Multiple Choice $2,000 $1,800 $1782 $1620 $1260 A company has the following products in its ending Inventory. Compute lower of cost or market for inventory applied separately to each product. Product Product A Product B Product C Quantity 10 15 20 Cost per Unit $ 700 $ 500 $ 650 Market per Unit $ 670 $ 540 $ 675