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Blossom Company sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as
Blossom Company sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as follows. Cost Small Net Realizable Value $ 64,140 238,010 166,740 $ 68,500 316,900 144,950 Medium Large Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach. X The total inventory value 530,350 $ Click if you would like to Show Work for this question: Open Show Work
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