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newd help ASAP pleas Sandhill Corporation tus two products in its ending inventory, each accounted for at the lower of cost or market. Aprontmargin of
newd help ASAP pleas
Sandhill Corporation tus two products in its ending inventory, each accounted for at the lower of cost or market. Aprontmargin of 25% on selling price is considered normal for each product Specific data with respect to each product follows: Product Product 12 Historical cost $14 @ $27 Replacement cost 10 16 Estimated cost to dispose 11 13 28 Estimated selling price 44 In pricing its ending inventory using the lower of cost or market, what unit wahses.rounded to the nearest dollari should Sandhill use for products #1 and #2respectively? $10 and $20 In pricing its ending inventory using the lower-of-cost-or market, what unit values, rounded to the nearest doltar, should Sandhill use for products 81 and 12. respectively? $10 and $20 $16 and $20 $10 and $16. $16 and $17 Step by Step Solution
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