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Please help Ames Trading Co. has the following products in its ending inventory. Quantity Cost per Unit $570 Market per Unit 540 Product Mountain bikes
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Ames Trading Co. has the following products in its ending inventory. Quantity Cost per Unit $570 Market per Unit 540 Product Mountain bikes 23 Skateboards 25 340 410 Gliders 30 930 880 Compute lower of cost or market for inventory applied separately to each product. Total Per Unit LCM applied to Inventory Items Cost Market Units Cost Market each product Mountain bikes Skateboards GlidersStep by Step Solution
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