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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: Product A Product B

Memphis Wholesale Market applies the lower of cost or net realizable valuation to individual products and has collected the following data: Product A Product B Selling price $108 $133 Product C $ 88 Cost 78 83 88 Costs to sell 14 19 9 Determine the inventory book value for Products A, B, and C. Product NRV Cost Inventory Value A B

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