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2 Carlsberg Corporation has 3,000 units of product#1 and 6,000 units of product #2 in its inventory at December 3 1, 2020. Specific data with
2 Carlsberg Corporation has 3,000 units of product#1 and 6,000 units of product #2 in its inventory at December 3 1, 2020. Specific data with respect to each product follows: Historical cost Net realizable value one: a. CHF330,000. b. CHF459,000. c. CHF444,000. d. CHF432,000. Product#1 Feedback CHF40 45 What amount will be reported on the company statement of financial position at December 31, 2020 for ending inventory using lower-of-cost-or-net realizable value? Product#2 The correct answer is: CHF444,000. CHF70 54 CIC
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