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Coronado Industries accumulates the following cost and market data at December 31. Inventory Categories Cost Data Market Data Cameras $10,519 $11,689 Camcorders 8,908 9,728 DVDs
Coronado Industries accumulates the following cost and market data at December 31.
Inventory Categories | Cost Data | Market Data | ||
Cameras | $10,519 | $11,689 | ||
Camcorders | 8,908 | 9,728 | ||
DVDs | 10,537 | 9,327 |
Compute the lower-of-cost-or-market valuation for companys inventory.
The lower-of-cost-or-market value | $ |
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