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Product Quantity cost per unit market per unit product a 10 $700 $670 product b 15 $500 $540 product c 20 $650 $675 A company
Product | Quantity | cost per unit | market per unit |
product a | 10 | $700 | $670 |
product b | 15 | $500 | $540 |
product c | 20 | $650 | $675 |
A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product
$28,300. | ||
$1,850. | ||
$27,200. | ||
$27,500. | ||
$1,885. |
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