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Exercise 5 - 1 6 ( Algo ) Lower of cost or market LO P 2 Martinez Company's ending inventory includes the following items. Product
Exercise Algo Lower of cost or market LO P
Martinez Company's ending inventory includes the following items.
Product Units Cost per Unit Market per Unit
Helmets $ $
Bats
Shoes
Uniforms
Compute the lower of cost or market for ending inventory applied separately to each product.
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