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On the basis of the following data: Inventory Cost per Quantity Unit Product Market Value per Unit (Net Realizable Value) Model A 8 $104 $92

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On the basis of the following data: Inventory Cost per Quantity Unit Product Market Value per Unit (Net Realizable Value) Model A 8 $104 $92 Model B 31 113 127 Model C 31 199 188 Model D 33 97 104 Model E 47 155 142 Determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Inventory at the Lower of Cost or Market Product Total Cost Total Market Lower of Total Cost or Total Market A B D E Totai Previous

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