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Martinez Company's ending inventory includes the following items. Product Units Cost per Unit Market per Unit Helmets 35 $ 57 $ 53 Bats 28 75
Martinez Company's ending inventory includes the following items.
| Product | Units | Cost per Unit | Market per Unit |
|---|---|---|---|
| Helmets | 35 | $ 57 | $ 53 |
| Bats | 28 | 75 | 81 |
| Shoes | 49 | 94 | 98 |
| Uniforms | 53 | 39 | 39 |
Compute the lower of cost or market for ending inventory applied separately to each product.
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Effective Writing A For Accountants
Authors: Claire B. May, Gordon S. May
9th Edition
0132567245, 9780132567244
