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What Is the Recoverable Amount for This Product Line A)$100,000
B)$4,000,000
C)$4,100,000
D)$5,000,000

question 112

Multiple Choice

What is the recoverable amount for this product line?  Product BGF  Original cost $10,200,000 Accumulated depreciation 6,100,000 Fair value 6,500,000 Costs to sell 1,500,000 Value in use 4,000,000\begin{array} { | l | r | } \hline & \text { Product BGF } \\\hline \text { Original cost } & \$ 10,200,000 \\\hline \text { Accumulated depreciation } & 6,100,000 \\\hline \text { Fair value } & 6,500,000 \\\hline \text { Costs to sell } & 1,500,000 \\\hline \text { Value in use } & 4,000,000 \\\hline\end{array}

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Definitions:

Actual Cost

The total expenditure incurred in the production of goods or services, including all direct and indirect costs.

Society

A large group of people living together in a more or less ordered community, sharing customs, laws, and organizations.

Less Developed Countries

Nations with a lower level of material well-being, often characterized by low GDP per capita, poor infrastructure, and a high level of poverty.

Environment Concern

pertains to issues and anxiety related to the preservation and protection of the natural environment.

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