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A particular production process requires two types of raw materials to produce the end product. Each unit of finished product requires three units of raw

A particular production process requires two types of raw materials to produce the end product. Each unit of finished product requires three units of raw material A and 2 units of raw material B and processing costs of $35. The following provides information on inventories at year-end:
\table[[Inventory item,# units,Cost per unit,\table[[Replacement],[cost]],\table[[Net realizable],[value]]],[Finished product,800,$181,NA,$161
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