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Business, 13.03.2020 04:13 kellyrasmussen8189

The Jewel Fool had the following inventory items on hand at the end of the year. Quantity Cost per Item Value per Item Necklaces 20 $ 71 $ 76 Bracelets 70 61 41 Determine the lower of cost or market/net realizable value per unit and the total amount that should be reported on the balance sheet for each item of inventory.

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