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Inventories are valued on a lower of last-in, first-out (LIFO)cost or market basis. At December 31, 2022 and 2021, inventorieswould have been greater by $2.1
Inventories are valued on a lower of last-in, first-out (LIFO)cost or market basis. At December 31, 2022 and 2021, inventorieswould have been greater by $2.1 million and $1.9 million,respectively, 2 answers
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-007811100, 78111005, 978-0078111006
