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27 12. A company has four items of inventory and their cost and NRVs are as follows. Inventory item Cost NRV $ $ 1 32

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27 12. A company has four items of inventory and their cost and NRVs are as follows. Inventory item Cost NRV $ $ 1 32 2 15 43 55 4 30 29 114 131 What is the value of closing inventory? 14 WN

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