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Business, 24.07.2020 17:01 jholland03

Using the lower of cost or market, what should the total inventory value be for the following items: Item Quantity Unit Cost Price Unit Market Price Total Cost Price Total Market Price Lower of Cost or Market A 201 $7 $11 $1,407 $2,211 $ B 98 17 15 1,666 1,470 C 71 23 26 1,633 1,846 $

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Using the lower of cost or market, what should the total inventory value be for the following items:...
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