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Question 5 0.5 pts A company has the following per unit original costs and replacement costs for its inventory: Part A: 50 units with a

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Question 5 0.5 pts A company has the following per unit original costs and replacement costs for its inventory: Part A: 50 units with a cost of $5 and replacement cost of $4.50. Part B: 75 units with a cost of $6 and replacement cost of $6.50. Part C: 160 units with a cost of $3 and replacement cost of $2.50. Under the lower of cost or market method, the total value of this company's ending inventory must be reported as: O $1,075.00. O $1,112.50 $1,112.50 or $1075.00, depending upon whether LCM is applied to individual items or the inventory as a whole. $1,180.00. O $1180.00 or $1075.00, depending upon whether LCM is applied to individual items or to the inventory as a whole. Question 6 0.5 pts

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