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Show Me How Lower-of Cost-or-Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market by applying
Show Me How Lower-of Cost-or-Market Method On the basis of the following data, determine the value of the inventory at the lower-of-cost-or-market by applying lower-of-cost-or-market to each inventory item, as shown in Exhibit 10. Item Inventory Quantity Cost per Unit FWI 89 SAW9 189 $21 11 Market Value per Unit (Net Realizable Value) $23 9 Feedback Creek My Wo Under lower-oscoid-or-market, for each em in inventory choose the lower of total cost price or the total manet price as the assigned value for computing inventory cast Fest you must compute the total cost and total market for ach
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