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In some instances, accounting principles require a departure from valuing inventories at cost alone. Cases 1 2 3 4 5 Cost $13.80 $15.10 $17.30 $13.50
In some instances, accounting principles require a departure from valuing inventories at cost alone. Cases 1 2 3 4 5 Cost $13.80 $15.10 $17.30 $13.50 $17.70 Sales value 14.90 20.10 13.30 11.30 20.40 Estimated cost to complete 1.30 2.00 1.89 0.80 1.00 Estimated cost to sell 0.50 0.80 0.58 0.40 0.50 Determine the proper unit inventory price in the following cases using LCNRV. (Round answers to 2 decimal places, e.g. 52.75.) Unit inventory price $ Save for Later 1 $ +A 2 $ Cases 3 $ Attempts: 0 of 5 used Submit
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