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The following information relates to Babcock Bicyle Company's inventory as of December 31,202 : Calculate the value at which Babcock should report their 15 frame

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The following information relates to Babcock Bicyle Company's inventory as of December 31,202 : Calculate the value at which Babcock should report their 15 frame bicycles using the lower of cost or net realizable value rule. Multiple Choice $136,000 $147,600

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