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The following data refer to Montgomery Company's ending inventory: Item code Quantity Unit Cost Unit Market Small 45 $64 $76 Medium 60 92 88 Large
The following data refer to Montgomery Company's ending inventory: Item code Quantity Unit Cost Unit Market Small 45 $64 $76 Medium 60 92 88 Large 65 100 84 Extra-Large 35 108 106 How much is ending inventory if the lower of cost or market rule is applied to the total inventory? Question 1Select one: a. $17,870 b. $17,610 c. $17,624 d. $18,680
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