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Given the Acquisition Cost of Product Dominoe Is $29, the Net

Question 74

Multiple Choice

Given the acquisition cost of product Dominoe is $29, the net realizable value for product Dominoe is $26, the normal profit for product Dominoe is $3, and the market value (replacement cost) for product Dominoe is $27, what is the proper per unit inventory price for product Dominoe?


A) $27.
B) $23.
C) $26.
D) $29

Correct Answer:

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