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Chandler Electronics has one product in its ending inventory. Per unit data consists of the following: Cost, $20; Selling price, $25; Selling costs, $4. What
Chandler Electronics has one product in its ending inventory. Per unit data consists of the following: Cost, $20; Selling price, $25; Selling costs, $4. What unit value should Chandler use when applying the lower of cost or net realizable (LCNRV) value rule to ending inventory? 12pt v Paragraph B
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