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Venom Co. has unfinished inventory at year end with a cost of $600, a sales value of $750, estimated costs to complete of $200, and

Venom Co. has unfinished inventory at year end with a cost of $600, a sales value of $750, estimated costs to complete of $200, and estimated selling costs of $50. What is the net realizable value of Venoms inventory?

A. $700

B. $600

C. $550

D. $500

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