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Given the historical cost of product Dominoe is $22, the selling price of product Dominoe is $30, cost to sell product Dominoe are $5, the
Given the historical cost of product Dominoe is $22, the selling price of product Dominoe is $30, cost to sell product Dominoe are $5, the replacement cost for product Dominoe is $20, and the normal profit margin is 20% of sales price, What is the cost amount that should be used in the lower-of-cost-or-market comparison? $20 $25 O $19 $22
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