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If Product Z cost $81 and Selling price of Z is $99 Normal profit margin is 20% of sales price Costs to sell a unit

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If Product Z cost $81 and Selling price of Z is $99 Normal profit margin is 20% of sales price Costs to sell a unit of product Z = $10 Replacement cost is $83 What is the amount that should be used to value the inventory under the lower-of-cost-or-market method?? The 2021 financial statements of Sito Company reported a beginning inventory of $56,352, an ending inventory of $45,322, and cost of goods sold of $471,436 for the year. Sito's inventory turnover ratio for 2021 is (only round your final answer to one decimal place, do not round any intermediate calculations)

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