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On the basis of the following data, determine the value of the inventory at the lower of cost or market. Total Market Value per Unit

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On the basis of the following data, determine the value of the inventory at the lower of cost or market. Total Market Value per Unit (Net Realizable Value) Product Adams Coolidge McKinley Garfield Lincoln Total Inventory Quantity Cost per Unit $139 112 279 287 47 Cost Market LCM 20 49 45 26 8 $158 89 288 262

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