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Briefly discuss (1) What inventory recording system do you think fits better for Dow Chemical and why? (2) If some of the inventories were out

Briefly discuss (1) What inventory recording system do you think fits better for "Dow Chemical" and why?

(2) If some of the inventories were out of date with the market value lower than the cost at the end of 2015, what are the financial statement effects?

(3) What are the financial statement effects of overproduction for a manufacturing firm?

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