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Cullumber Company has the following cost and net realizable value data at December 31, 2021 -12 E Cost Net Realizable Value $ 24.000 Inventory Categories
Cullumber Company has the following cost and net realizable value data at December 31, 2021 -12 E Cost Net Realizable Value $ 24.000 Inventory Categories Personal computers Servers Total solution printers $21.500 18.800 19.500 10,000 7.200 (a) Calculate the lower of cost and net realizable value valuation assuming Cullumber Company applies LCNRV to individual products $ Lower of cost and net realizable value ING 23 9.10
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