Green Leaf Company had the following information available on December 31: Management applies the LCM rule on the basis of the total inventory.What is the write-down required?
A)$864.
B)$556.
C)$576.
D)$710.

Question

Green Leaf Company had the following information available on December 31:  Management applies the LCM rule on the basis of the total inventory.What is the write-down required?
A)$864. 
B)$556. 
C)$576. 
D)$710.

Quizplus · Accepted Answer

The Answer of Green Leaf Company had the following information available on December 31:  Management applies the LCM rule on the basis of the total inventory.What is the write-down required?
A)$864. 
B)$556. 
C)$576. 
D)$710.

Green Leaf Company Had the Following Information Available on December