A company normally sells it products for $20 per unit, which includes a profit margin of 25%. However, the selling price has fallen to $15 per unit. This company's current inventory consists 200 units purchased at $16

per unit. Replacement cost has now fallen to $13 per unit. Calculate the value of inventory at the lower of

cost or market. ​

$2,600

Explanation:

The computation of the inventory value is shown below:

Market value = 200 units × $16

= $3,200

And, the cost is

= 200 units × $13

= $2,600

So the lower of cost or market value would be considered

Since $2,600 would be lower so the same would be equivalent to the inventory amount

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hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi