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Ames Trading Company has the following products in its ending Inventory Product Mountain bikes Skateboard Gliders Quantity 11 13 26 Cost per Unit $ 600
Ames Trading Company has the following products in its ending Inventory Product Mountain bikes Skateboard Gliders Quantity 11 13 26 Cost per Unit $ 600 350 800 Market per Unit $ 550 425 700 Compute lower of cost or market for inventory applied separately to each product Total Inventory Items Units Per Unit Cost Market LCM applied to each product Cost Market Mountain bikes Skateboards Gliders
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