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pls answer asap pls answer asap The December 31, 2025 inventory of Migos Company consisted of four products, for which certain information is provided below.
pls answer asap
pls answer asap
The December 31, 2025 inventory of Migos Company consisted of four products, for which certain information is provided below. Instructions: The number of units in stock for each product at the end of the year are as follows: 200 units of Product A, 43 units of Product B, 74 units of Product C, and 120 units of Product D. Determine the appropriate value of inventory to report on the balance sheet at December 31, 2025, assuming Migos Company applies lower of cost or market for all inventory Step by Step Solution
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