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Window Help Meeting 5.pdf (page 7 of 7) 4. At December 31, 2020, ABC Corporation has 9,800 units of model 63 and 7,000 units of model 64 in its ending inventory. Specific data with respect to each product is as follows: Model 63 Model 64 Original cost €7,800 €8,700 Net realizable value €7,700 €8,800 What amount should be reported for the total inventory on ABC's statement of financial position? A) €136,360,000 B) €138,040,000 C) €151,900,000 D) €137,060,000 100 units MacBook Air

Window Help Meeting 5.pdf (page 7 of 7) 4. At December 31, 2020, ABC Corporation has 9,800 units of model 63 and 7,000 units of model 64 in its ending inventory. Specific data with respect to each product is as follows: Model 63 Model 64 Original cost €7,800 €8,700 Net realizable value €7,700 €8,800 What amount should be reported for the total inventory on ABC's statement of financial position? A) €136,360,000 B) €138,040,000 C) €151,900,000 D) €137,060,000 100 units MacBook Air

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Window Help Meeting 5.pdf (page 7 of 7) 4. At December 31, 2020, ABC Corporation has 9,800 units of model 63 and 7,000 units of model 64 in its ending inventory. Specific data with respect to each product is as follows: Model 63 Model 64 Original cost €7,800 €8,700 Net realizable value €7,700 €8,800 What amount should be reported for the total inventory on ABC's statement of financial position? A) €136,360,000 B) €138,040,000 C) €151,900,000 D) €137,060,000 100 units MacBook Air
Transcribed Image Text:Window Help Meeting 5.pdf (page 7 of 7) 4. At December 31, 2020, ABC Corporation has 9,800 units of model 63 and 7,000 units of model 64 in its ending inventory. Specific data with respect to each product is as follows: Model 63 Model 64 Original cost €7,800 €8,700 Net realizable value €7,700 €8,800 What amount should be reported for the total inventory on ABC's statement of financial position? A) €136,360,000 B) €138,040,000 C) €151,900,000 D) €137,060,000 100 units MacBook Air
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