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At December 31, 2019. (H) Corporation has 980 units of product X and 700 units of product Yin its ending inventory. Specific data with respect
At December 31, 2019. (H) Corporation has 980 units of product X and 700 units of product Yin its ending inventory. Specific data with respect to each product follows: product X: Historical cost $78, Net realizable value 577 while for product Y the Historical cost $87 and, Net realizable value $88. What amount will be reported for inventory on (H)'s statement of financial position Pafter the company applies LCNRV .a. S137,060 .b. 5138,040 c. S136,360 .d. 5137340
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