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eBook Show Me How Video Calculator Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of

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eBook Show Me How Video Calculator Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Total Product Market Value per Unit (Net Realizable Value) Inventory Quantity Cost per Unit Cost Market LCM Adams 100 $140 $125 Coolidge 375 90 112 McKinley 220 60 59 Garfield 900 120 115 Lincoln 626 140 145 Total

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