Bethel Co. has collected the following data related to its ending inventory: Product ID 849 842...
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Bethel Co. has collected the following data related to its ending inventory: Product ID 849 842 847 860 Units on Hand 150 60 75 30 Unit Cost Unit NRV $10 $11 $16 $14 $14 $13 $16 $20 Calculate the lower of cost and net realizable value (LCNRV) on an item by item basis. Bethel Co. has collected the following data related to its ending inventory: Product ID 849 842 847 860 Units on Hand 150 60 75 30 Unit Cost Unit NRV $10 $11 $16 $14 $14 $13 $16 $20 Calculate the lower of cost and net realizable value (LCNRV) on an item by item basis.
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