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Our company buys and sells only one product, widgets. At the end of the year, we have the following information, per unit: 465 25 Cost
Our company buys and sells only one product, "widgets". At the end of the year, we have the following information, per unit: 465 25 Cost Cost to sell a unit Normal profit on sales Replacement value Sales price 30 460 500 For B, what is the ceiling (net realizable value) per unit? For B, what is the floor per unit? For B, what is the lower of cost or market per unit
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