On the basis of the following data, determine the value of the inventory at the lower...

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On the basis of the following data, 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 below. Item Inventory Quantity Unit Cost Price ($) Unit Market Price ($) MT22 1266 96 85 4WY09 22170 38 46 1GDS 7764 180 170 Add your answer On the basis of the following data, 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 below. Item Inventory Quantity Unit Cost Price ($) Unit Market Price ($) MT22 1266 96 85 4WY09 22170 38 46 1GDS 7764 180 170 Add your answer