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Question 8 of 9 View Policies Show Attempt History < > Current Attempt in Progress Your answer is incorrect. 0/2 Best Buy uses the
Question 8 of 9 View Policies Show Attempt History < > Current Attempt in Progress Your answer is incorrect. 0/2 Best Buy uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Units Cost per Unit Value per Unit Cameras Minolta 5 $176 $168 Canon 6 149 152 Light Meters Vivitar 11 125 124 Kodak 10 129 132 What amount should be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied? Total $
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