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PART 1 Cullumber Company sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31,

PART 1
Cullumber Company sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017:
Coffee Bean Units of Unit cost Market Type inventory Value/Unit Coffea 14,200 $5.30 $5.24 Arabica Coffee 5,100 $3.70 $3.80 robusta

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