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Question 9 (2 points) Muckenthaler Company sells product 2005WSC for $20 per unit. The cost of one unit of 2005WSC is $18, and the replacement

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Question 9 (2 points) Muckenthaler Company sells product 2005WSC for $20 per unit. The cost of one unit of 2005WSC is $18, and the replacement cost is $12. The estimated cost to complete and sell a unit is $4, and the normal profit is $8. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or Net Realizable Value (LCNRV) or lower-of-cost-or-Market (LCM)? LCNRV LCM 08 16 14 0 12 O 18 18 0 16 12 None of the above is correct

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