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3.) A company reported the following data related to its ending inventory: Product 849 842 847 860 Units Available 100 75 60 40 Cost Market

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3.) A company reported the following data related to its ending inventory: Product 849 842 847 860 Units Available 100 75 60 40 Cost Market $101 $11 16 14 141 13 16 20 Calculate the lower-of-cost-or-market on the inventory applied separately to each product

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