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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

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 1690 92 82 4WY09 22004 36 44 1GDS 9025 184 168

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