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Inventory Valuation: Inventory Item Quantity Unit Price Total Value Product A 400 units $40 $16,000 Product B 200 units $30 $6,000 Calculate the total value

Inventory Valuation:

Inventory ItemQuantityUnit PriceTotal Value
Product A400 units$40$16,000
Product B200 units$30$6,000
Calculate the total value of inventory and discuss the impact of inventory valuation methods.                  

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