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8. Retail method (5 points) A company reported the following data related to its ending inventory: Product Units Available Sand red 400 Beach Bowl 660

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8. Retail method (5 points) A company reported the following data related to its ending inventory: Product Units Available Sand red 400 Beach Bowl 660 Waterfall 300 Wave blue Cost S 10 25 14 Market $ 12 28 11 16 50 Calculate the lower-of-cost-or-market on the inventory applied separately to each product

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