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Given the acquisition cost of product ALPHA is $17, the net realizable value for product ALPHA is $15, the normal profit for product ALPHA is
Given the acquisition cost of product ALPHA is $17, the net realizable value for product ALPHA is $15, the normal profit for product ALPHA is $1.00, and the market value (replacement cost) for product ALPHA is $12, what is the proper per unit inventory value for product ALPHA if LCM is applied? {:[$15.00],[$14.00],[$12.00],[$17.00]:}
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