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

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

On the basis of the following data. determine the value of the inventory at the lower of cost or market whichever is lower Inyontgry Alpha Beta Widget Gidget 200 65 12 14 $6 14 30 13 What figure would appear in what financial statement and why?

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