Question: what is the correct answer? 9 A company's normal selling price for its product is $21 per unit. However, due to market competition, the selling

what is the correct answer? what is the correct answer? 9 A company's normal selling price

9 A company's normal selling price for its product is $21 per unit. However, due to market competition, the selling price has fallen to $16 per unit. This company's current FIFO inventory consists of 190 units purchased at $17 per unit. Net realizable value has fallen to $14 per unit. Calculate the value of this company's inventory at the lower of cost or market. Multiple Choice $2,660. $2,610. ! o o ooo $3,040. $3,230. $2,760

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