Given the Acquisition Cost of Product ALPHA Is $34, the Net

Multiple Choice

Given the acquisition cost of product ALPHA is $34, the net realizable value for product ALPHA is $33.50, the normal profit for product ALPHA is $2.50, and the market value (replacement cost) for product ALPHA is $29.50, what is the proper per unit inventory price for product ALPHA?

A) $34.00.
B) $31.00
C) $29.50.
D) $33.50.