Talisman Trading Co. has the following products in its ending inventory. Compute lower of cost or market
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Talisman Trading Co. has the following products in its ending inventory. Compute lower of cost or market for inventory
(a) as a whole and
(b) applied separately to each product. l08
Transcribed Image Text:
Product Mountain bikes Skateboards Gliders Quantity Cost per Unit Market per Unit 9 $360 $330 12 210 270 480 420 225
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