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A company has four items of inventory and their cost and NRVs are as follows. Inventory item Cost NRV $ $ 1 27 32 2
- A company has four items of inventory and their cost and NRVs are as follows.
Inventory item Cost NRV
$ $
1 27 32
2 14 15
3 43 55
4 30 29
114 131
What is the value of closing inventory?
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