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Lower-of-Cost-or-Market Inventory On the basis of the following data: Inventory Quantity Cost per Unit Product Market Value per Unit (Net Realizable Value) $211 241 Model

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Lower-of-Cost-or-Market Inventory On the basis of the following data: Inventory Quantity Cost per Unit Product Market Value per Unit (Net Realizable Value) $211 241 Model A 12 $186 Model B 19 238 Model 20 242 221 Model D 23 60 45 Model E 266 10 244 Determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Inventory at the lower of Cost or Market Product Total Cost Total Market Lower dotal Cost or Total Market A B D E Total Previous Chock My Work de 12:25 PM 4/2/2021 a O i e hp

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