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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 of market by

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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 of market by noplying lower of costo market to eactory items shown 10 Market Value per Unit (Net Realizable Value) Item Inventory Quantity Cost per Unit FWI 112 $54 549 31 SAWS 218 26

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