A specialized retailer has a selection of five products. The following is information relating to these products.
Question:
The company estimates selling costs to be 10% of selling price, primarily for sales commissions.
Required:
Determine the amount of inventory' write-down, if any.
Transcribed Image Text:
Product # Units 200 100 300 200 Cost per unit S 40 150 60 100 65 Selling price S 80 120 100 100
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