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26. Given the acquisition cost of product Z is $29, the net realizable value for product Z is $26, the normal profit for product Z

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26. Given the acquisition cost of product Z is $29, the net realizable value for product Z is $26, the normal profit for product Z is $3, and the market value (replacement cost) for product Z is $28, what is the proper per unit inventory value for product Z applying lower-of-cost-or-market? a. $29. b. $26. C. $28. d. $23

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