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3. Bethel Co. has collected the following data related to its ending inventory: Product Units on Hand Unit Cost Unit NRV 849 200 $12 $11

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3. Bethel Co. has collected the following data related to its ending inventory: Product Units on Hand Unit Cost Unit NRV 849 200 $12 $11 842 160 $13 $14 847 85 $12 $13 860 40 $21 $22 Calculate the lower of cost and net realizable value (LCNRV) on an item by item basis

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