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Lower of Cost or Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or market by applying
Lower of Cost or Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or market by applying tower-of-cost-or-market to each inventory tem, shown in Exhibit 10 Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realleable Value) 549 JIWI $54 SAWO 160 28 32
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