Multiple Choice
Given the acquisition cost of product Z is $80, the net realizable value for product Z is $72, the normal profit for product Z is $6, and the market value (replacement cost) for product Z is $75, what is the proper per unit inventory price for product Z?
A) $80.
B) $75.
C) $66.
D) $72.
Correct Answer:
Verified
Correct Answer:
Verified
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