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Compute the lower-of-cost-or-net realizable value basis for Pharoah Company's total inventory based on the following: Inventory Categories A B Cost Data $16,200 12,520 18,900

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Compute the lower-of-cost-or-net realizable value basis for Pharoah Company's total inventory based on the following: Inventory Categories A B Cost Data $16,200 12,520 18,900 Net Realizable Value Data Lower-of-cost-or-net realizable value $15,220 13,130 18,450 $

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