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Kingbird Co . follows the practice of valuing its inventory at the lower - of - cost - or - market. The following information is
Kingbird Co follows the practice of valuing its inventory at the lowerofcostormarket. The following information is available from the company's inventory records as of December
tableItemQuantity,Unit Cost,tableReplacementCostUnittableEstimated SellingPriceUnittableCompletion & DisposalCostUnittableNormal ProfitMarginUnitA$$$$$
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