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Current Attempt in Progress Waterway Company follows the practice of pricing its inventory at the lower - of - cost - or - market, on

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Waterway Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
\table[[\table[[Item],[No.]],Quantity,\table[[Cost per],[Unit]],\table[[Cost to],[Replace]],\table[[Estimated Selling],[Price]],\table[[Cost of Completion and],[Disposal]],\table[[Normal],[Profit]]],[1320,1,400,$3.81,$3.57,$5.36,$0.42,$1.49
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