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A company normally sells its product for $20 per unit. However, the selling price has...

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Accounting

A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company 200 units purchased at $16 per unit. Replacement cost has company must make as a result of this decline in value?
Multiple Choice
$1,000.
$1,400.
$400.
$600.
$800.
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