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IIA Exam IIA-CIA-Part3 Topic 10 Question 102 Discussion

Actual exam question for IIA's IIA-CIA-Part3 exam
Question #: 102
Topic #: 10
[All IIA-CIA-Part3 Questions]

An organization has 10,000 units of a defect item in stock, per unit, market price is $10$; production cost is $4; and defect selling price is $5. What is the carrying amount (inventory value) of defects at your end?

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Suggested Answer: C

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