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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-op-market

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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-op-market to each inventory item, as 10 Item Inventory Quantity Market Value per Unit (Net Realizable Value) Cost per Unit FW 90 $52 $50 SAWO 186 26 30

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