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Given the historical cost of product Dominoe is $48, the selling price of product Dominoe is $50, costs to sell product Dominoe are $4, the

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Given the historical cost of product Dominoe is $48, the selling price of product Dominoe is $50, costs to sell product Dominoe are $4, the replacement cost for product Dominoe is $49. 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? $36. $48. $49. O $46

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