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The following data refer to Spicer Company's ending inventory: Item Code Quantity Unit Cost Unit NRV Small 50 130 128 Medium 75 185 187 Large

The following data refer to Spicer Company's ending inventory: Item Code Quantity Unit Cost Unit NRV Small 50 130 128 Medium 75 185 187 Large 60 160 168 Extra-Large 30 200 193 How much is ending inventory if the lower of cost or net realizable value rule is applied to the total inventory?

Select one: A. $35,975 B. $36,605 C. $36,295 D. $35,665

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Mathematics Of Finance An Intuitive Introduction

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