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Brief Exercise 9-2 (Algo) Lower of cost or net realizable value [LO9-1] SLR Corporation has 1,300 units of each of its two products in its
Brief Exercise 9-2 (Algo) Lower of cost or net realizable value [LO9-1] SLR Corporation has 1,300 units of each of its two products in its year-end inventory. Per unit data for each of the products are as follows: Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products. What is the before-tax income effect of the LCNRV adjustment? Complete this question by entering your answers in the tabs below. Determine the carrying value of SLR's inventory assuming that the lower of cost or net realizable value (LCNRV) rule is applied to individual products
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