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Question 19 1 pts Company Z had the following information: inventory at cost of $5,100, selling value of inventory of $5,250, inventory cost of completion

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Question 19 1 pts Company Z had the following information: inventory at cost of $5,100, selling value of inventory of $5,250, inventory cost of completion of $100, inventory cost of distribution of $150, normal profit margin of $2,000, and inventory replacement cost of $4,800. What is the ceiling amount to be used in the determination of the inventory's market value in the lower-of-cost-or-market method of inventory? $5,000 $5,250 $4,800 $3,000

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