Question: A company is selling Two products with the following information: Product Alpha was bought for $500 and can be sold for $650; Product Beta cost

A company is selling Two products with the following information:

Product Alpha was bought for $500 and can be sold for $650;

Product Beta cost $700 and is likely to be sold for $650.

The inventory will be valued in the accounts as: 

$1,300

$1,350

$1,200

$1,150

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