2.01.3 Inventory Valuation (2)

Question 問題
Under the lower-of-cost-or-market method, 低価法で what is the value 価値はどれだけですか of the following items that should be included in closing inventory? 棚卸資産に含めるべき

Item	Cost	Market
X	$450	$700
Y	$250	$100
Z	$300	$250
Total	$1,000	$1,050

A. $800

B. $1,000

C. $1,050

D. $1,200

The correct answer is 正解は、[A. $800]
= X $450 + Y $100 + Z $250