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What should be the inventory value of the thumb drives

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Reference no: EM133055617

Question - On January 1, 2013, RadioShack had 1,000 thumb drives beginning inventory, each cost $10.  Before September 15, 2013, RadioShack had sold 800 thumb drives. On Sept 15, 2013, the market value of this type of thumb drive dropped to $7. What should be the inventory value of the thumb drives after Sept 15, 2013?

a. $2,200

b. $1000

c. $2000

d. $1400

Reference no: EM133055617

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