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Need help with this one, I can not get correct answers. Assume in each case that the selling expenses are $8 per unit and that
Need help with this one, I can not get correct answers.
Assume in each case that the selling expenses are $8 per unit and that the normal profit is $5 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market. Selling Price $59 47 60 48 Upper Limit Replacement Cost $43 36 42 Lower Limit Cost $47 40 45 40 LCM
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