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Texas Corp has the following inventory data for February 2018: Beginning Units: 12,400 Ending Units: 11,800 Cost in excess of market per/ unit at January
Texas Corp has the following inventory data for February 2018:
- Beginning Units: 12,400
- Ending Units: 11,800
- Cost in excess of market per/ unit at January 31st: 4.00
- Replacement cost per unit at February 28th: 65.00
- Increase in February gross profit associated with LOCM: 8,300
What is inventory cost per unit at February 28th? (Dont round )
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp, Sherif Elbarrad
2nd Canadian edition
133375536, 9780133845396, 133845397, 978-0133375534
