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Net Realizable value $ Teow Company has the following inventory items in its ending inventory Inventory type Cost $ 5,000 5,400 6,500 7,000 Soco 3,000
Net Realizable value $ Teow Company has the following inventory items in its ending inventory Inventory type Cost $ 5,000 5,400 6,500 7,000 Soco 3,000 3,200 Corts 10,000 10,200 4,000 3,100 You are required to calculate the lower of cost or net realizable value using item-by-item comparisons. Inventory Type LCNRV $
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