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Exercise 6-12 Charapata Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players 153 units at a
Exercise 6-12 Charapata Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players 153 units at a cost per unit of $72 iPods 102 units at a cost per unit of $69 120 units at a cost per unit of $82 The net realizable value of units purchased at year-end was cameras $82, Blu-ray players $60, and iPods $73. Determine the amount of ending inventory at lower-of-cost-or-market. Ending inventorys
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