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Determine the proper unit inventory price in the following cases using Lower of Cost or Net Realizable Value. Number your responses. Case 1: Cost =$15.90.

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Determine the proper unit inventory price in the following cases using Lower of Cost or Net Realizable Value. Number your responses. Case 1: Cost =$15.90. Sales value =$14.80. Estimated cost to complete =$1.50. Estimated cost to sell =$0.50 Case 2: Cost =$16.10. Sales value =$19.20. Estimated cost to complete =$1.90. Estimated cost to sell =$0.70

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