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Determine the carrying value of inventory at December 31 2018, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual

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Determine the carrying value of inventory at December 31 2018, assuming the lower of cost or net realizable value (LCNRV) rule is applied to individual products.

Tatum Company has four products in its inventory. Information about the December 31,2018 , inventory is as follows

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