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a company's normal selling price for its product is $25 per unit. however, due to Market competition the selling prices Fallen to $20 per unit

a company's normal selling price for its product is $25 per unit. however, due to Market competition the selling prices Fallen to $20 per unit this company's current inventory consists of 250 units purchased at $21 per unit replacement cost has fallen to $18 per unit calculate the value of this company's inventory at the lower cost or Market

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