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Determine the proper unit inventory price in the above independent cases by applying the lower of cost or market rule. Case 1 $ Case 2

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Determine the proper unit inventory price in the above independent cases by applying the lower of cost or market rule. Case 1 $ Case 2 $ Case 3 $ TH Case 4 $ Case 5 $ Cost Net realizable value Net realizable value less normal profit Market replacement cost 1 2 3 4 5 $6.50 $10.70 $11.80 $6.80 $7.35 8.80 10.00 13.25 5.00 6.60 8.60 8.65 11.40 3.70 6.30 6.60 10.10 13.55 4.75 5.45 Determine the proper unit inventory price in the above independent cases by applying the lower of cost or market rule. Case 1 $ Case 2 $ Case 3 $ Case 4 $ Type here to search

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