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Question 26 (2 points) DVDs usually sell for $14 per unit, and have a profit margin of 25%. However, the expected selling price has fallen

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Question 26 (2 points) DVDs usually sell for $14 per unit, and have a profit margin of 25%. However, the expected selling price has fallen to $7 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. a b $ 1,350 $ 1,400 $ 1,500 $ 1,800 C

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