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QUESTION 1 1P Crane Inc. has the following information related to an item in its ending inventory Product 66 has a cost of $60, a

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QUESTION 1 1P Crane Inc. has the following information related to an item in its ending inventory Product 66 has a cost of $60, a replacement cost of $50, a net realizable value of $55, and product 667 a normal profit margin of $2. What is the final lower-of-cost-or-market inventory value for 53 Click Save and Submit to save and submit. Click Save ALL Ansuers to save all answers

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