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please explain all your work thank you. A company sells two products ( A and B ). The company values all inventories using the lowerof-cost-or-market

please explain all your work thank you.
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A company sells two products ( A and B ). The company values all inventories using the lowerof-cost-or-market procedure. Additional information, shown below, is available for the most recent year as of December 31 . Required: Using LCM, what is the reported inventory value at December 31 for 100 units of Product A? And for 50 units of Product B

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