As of december 31, year 2, a company has an inventory item that was originally purchased for $80 in year 1. the inventory item was written down to its net realizable value of $60 as of december 31, year 1. as of december 31, year 2, the inventory item had a net realizable value of $75 and a replacement cost of $65. normal profit margins for this company are 20%. under ifrs, what is the carrying amount of the inventory item as of december 31, year 2?

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no