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On the basis of the data shown below: Inventory Quantity Cost per Unit Item Market Value per Unit (Net Realizable Value) $19 MX62 89 $21

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On the basis of the data shown below: Inventory Quantity Cost per Unit Item Market Value per Unit (Net Realizable Value) $19 MX62 89 $21 TK24 189 11 16 Determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each Inventory item, os shown in Exhibit 9

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