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A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product Cost
A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product Cost per Market per Product Product A Quantity Unit Unit 10 $ 732 $ 702 Product B 15 $ 532 $ 572 Product C 20 $ 682 $ 707 Multiple Choice $28,640. $29,740. $28,940. $1,981. $1,946.
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