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A company values inventory at the lower of cost or market, based on each inventory item. Which of the following would be the inventory amount

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A company values inventory at the lower of cost or market, based on each inventory item. Which of the following would be the inventory amount shown on the balance sheet? Cost Per Unit Item Inventory Quantity Market Price Per Unit Product C 420 $ 6 $ 5 Product D 370 12 14 $7,700 $6,960 $6,540 $7,280

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