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31. (10.0score) 1. Determine the proper unit inventory price in the following independent cases by applying the lower r 2560 cost or market rule.
31. (10.0score) 1. Determine the proper unit inventory price in the following independent cases by applying the lower r 2560 cost or market rule. Circle your choice. (10 points) case1 case2 case4 case5 Cost 1080110 $8.00 $6.00 $7.20 case3 $10.50 19560110 Net realizable value $12.00 8.85 10.00 6.90 4.25560110 195601 12.20 Net realizable valueless normal profit 8.15 9.00 3.75 6.00 11.40
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Accounting Business Reporting For Decision Making
Authors: Jacqueline Birt, Keryn Chalmers, Albie Brooks, Suzanne Byrne, Judy Oliver
4th Edition
978-0730302414, 0730302415
