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Business, 16.03.2020 17:05 kayla65u

Knowledge Check 01 Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end inventory appears below. Inventory Quantity Unit Cost Unit NRV Model A 100 $ 100 $ 120 Model B 50 50 40 Model C 20 200 210 Calculate the amount to be reported for ending inventory of Model A.

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