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Memphis Wholesale Market applies the lower of cost or net realizable valuation to individual products and has collected the following data: Selling price Cost Costs

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Memphis Wholesale Market applies the lower of cost or net realizable valuation to individual products and has collected the following data: Selling price Cost Costs to sell Product A $ 96 66 14 Product B $ 121 71 19 Product C $ 76 76 9 Determine the inventory book value for Products A, B, and C. Product NRV Cost Inventory Value B

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