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Isaiah's Gear had the following ending inventory costs: Units on Hand Unit Cost Unit NRV 20 $50 $60 10 $40 $45 30 $30 $25 40

Isaiah's Gear had the following ending inventory costs: Units on Hand Unit Cost Unit NRV 20 $50 $60 10 $40 $45 30 $30 $25 40 $20 $15 Calculate the lower of cost and net realizable value (LCNRV) on an item by item basis

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