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Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) IA17 55 $23 $26 BJ54 112 12 9 Determine the value of

Item	Inventory Quantity	Cost per Unit	Market Value per Unit (Net Realizable Value)
IA17	55	$23	$26
BJ54	112	12	9

Determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each inventory item, as shown in Exhibit 9.

$fill in the blank 1

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