SAT, 30.11.2021 01:00 madelinemg02
On december 31, 2014, cruise company has 10,000 units of an inventory item, which cost $40 per unit when purchased on june 15, 2014. The selling price was $60 per unit. On december 30, 2014, the replacement cost was $36 per unit. At what amount should the 10,000 units of inventory be reported at on the december 31, 2014 balance sheet?.
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On december 31, 2014, cruise company has 10,000 units of an inventory item, which cost $40 per unit...
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