Business, 18.03.2020 01:21 SJ9320

Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied separately to each product.

Jelly: Quantity: 150 Cost per unit: $2.00 Market per unit: 2.15 Jam: Quantity: 370 Cost per unit: $2.65 Market per unit: 2.50 Marmalade: Quantity: 260 Cost per unit: $3.10 Market per unit: 3.05

A. $2,040.50.

B. $2,086.50.

C. $2,018.00.

D. $2,109.00.

E. $2,053.50.

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Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market...

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