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Assume in each case that the selling expenses are $8 per unit and that the normal profit is $5 per unit. Calculate the limits for
Assume in each case that the selling expenses are $8 per unit and that the normal profit is $5 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market. Selling Price Upper Limit (a) $62 (b) 56 (c) 56 (d) 45 45 Replacement Cost $43 37 41 +A Lower Limit Cost $52 39 42 38 36 LCM +A $
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