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On the basis of the data shown below: Cost per Inventory Quantity Market Value per Unit (Net Realizable Value) Item Unit A13Y 87 $29 $27

On the basis of the data shown below: Cost per Inventory Quantity Market Value per Unit (Net Realizable Value) Item Unit A13Y 87 $29 $27 BJ54 170 15 20 Determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each inventory item, as shown in Exhibit 9. $

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