QUESTION 22 This fact pattern will be used only for Q#22. Acme owns several widgets...
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QUESTION 22 This fact pattern will be used only for Q#22. Acme owns several widgets which had cost $140 each when purchased. These widgets are currently selling for $200 per unit. Acme sells all widgets on an 'FOB destination' basis and pays the sales person a commission of $25 per widget sold plus 8% of the sales price. The shipping cost per widget is $30. When doing calculations with decimals, round decimals to the one hundredths [.01]. Enter your final answer in whole dollars without '$' signs and without commas. Q#22: What dollar value per unit represents the lower-of-cost-or-net-realizable-value [LCNRV]
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