A company values its inventory at net realizable value (NRV).It paid $250 for, and still has on hand, 10 units that it expects to sell for $400 less selling costs of $40.Which of the following statements is true related to these goods in this period?
A)The company recognizes $400 of selling costs.
B)The inventory is valued at $2,100.
C)The inventory is valued at $2,500.
D)The inventory is valued at $3,600.

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The Answer of A company values its inventory at net realizable value (NRV).It paid $250 for, and still has on hand, 10 units that it expects to sell for $400 less selling costs of $40.Which of the following statements is true related to these goods in this period?
A)The company recognizes $400 of selling costs.
B)The inventory is valued at $2,100.
C)The inventory is valued at $2,500.
D)The inventory is valued at $3,600.

A Company Values Its Inventory at Net Realizable Value (NRV)