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Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost
Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost and net realizable value information for inventory at December 31: Calculate the ending inventory balance for hockey sticks and helmets using the lower of cost and net realizable value for each item. Calculate the ending inventory balance for hockey sticks and helmets using the historical unit costs provided
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