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Required information (The following information applies to the questions displayed below.) Memphis Wholesale Market applies the lower of cost or net realizable valuation to individual

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Required information (The following information applies to the questions displayed below.) Memphis Wholesale Market applies the lower of cost or net realizable valuation to individual products and has collected the following data: Product $ 99 Product B $124 Product C $ 79 Selling price Cost Costs to sell 69 Determine the inventory book value for Products A, B, and C. Product NRV Cost Inventory Value

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