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Business, 05.07.2020 14:01 Katiecool290

Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Total Product Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Cost Market LCM Adams 26 $295 $304 $ $ $ Coolidge 37 137 130 McKinley 38 263 280 Garfield 42 186 175 Lincoln 14 69 62 Total $ $ $

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Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inv...

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