Question

A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product.
Product Quantity Cost per Unit Market per Unit
Product A 10 $ 734 $ 704
Product B 15 $ 534 $ 574
Product C 20 $ 684 $ 709
A) $2,040.50.
B) $2,086.50.
C) $2,018.00.
D) $2,109.00.
E) $2,053.50.

Answer 1

Answer:3748

Explanation: