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QUESTION 4 On the basis of the following data, what is the value of the total inventory at the lower of cost or market. Apply
QUESTION 4 On the basis of the following data, what is the value of the total inventory at the lower of cost or market. Apply lower of cost or market to each inventory item. Item Product C Product D a. $6,540 b. $7,380 O c. $6,840 O d. $6,300 Inventory Quantity 300 420 Unit Cost Price $6 12 Unit Market Price $5 14
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