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Cullumber Company sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this aroduct at December 31, 2017: Calculate

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Cullumber Company sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this aroduct at December 31, 2017: Calculate the value Cullumber should report for ending inventory on December, 31, 2017 after applying the lower-of-cost-ormarket rule

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