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also item g,h,i too please Bramble Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31,
also item g,h,i too please
Bramble Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2017 consists of products D. E. F, G, H, and I. Relevant per-unit data for these products appear below. Item D Item E Item mF Item G Item H Item Estimated seling price $276 $253 $219 $207 $253 $207 Cost 173 184 184 184 115 83 276 166 161 69 161 69 Replacement cost Estimated selling expense Normal profit 69 69 69 58 69 69 46 46 46 46 46 46 Using the lower-of-cost-or-market rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2017, for each of the inventory items above. Item D Item E $ Item F $ Step by Step Solution
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