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Monarch Corporation has the following inventory items: Item Units 500 700 Cost/Unit $20 Market/Unit $22 B $30 $25 C 800 $50 $51 Calculate the Lower

Monarch Corporation has the following inventory items: Item Units 500 700 Cost/Unit $20 Market/Unit $22 B $30 $25 C 800 $50 $51 Calculate the Lower of Cost or Market for Monarch using whole-company analysis. $71,000 O $67,500. O $95. O $69,300

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