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Question 7 12 points) On June 1, 2020, Makine the entered into a creat contract to the 100.000 units of raw materials inveto 360 per
Question 7 12 points) On June 1, 2020, Makine the entered into a creat contract to the 100.000 units of raw materials inveto 360 per unit when the current market price of the inventory at that that the contract period extends for one year the date of its inception Mackenzie's accounting period and December non December 31, 2020. raw materials were trens sold for 658 per unit What loss, if any, should Mackentle recognite on December 31, 2020 a) 5116,067 b) $200,000 O $100,000 d) SO
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