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Revise your calculations based the new information provided below and then answer the questions that follow. Inventory Item A Item B Number of Units
Revise your calculations based the new information provided below and then answer the questions that follow. Inventory Item A Item B Number of Units Unit Cost Unit NRV 7,200 52 53 6,500 66 84 Item C 4,900 71 76 Item D 5,100 52 42 Required: 1. Based on the new information, prepare the journal entry required: 2. Change the Unit Cost for Item A to $30 and prepare the journal entry required:
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
