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THIS IS THE THIRD TIME I AM POSTING THIS BECAUSE THE LAST ONES WERE INCORRECT. Question 4 Your answer is partially correct. Try again In
THIS IS THE THIRD TIME I AM POSTING THIS BECAUSE THE LAST ONES WERE INCORRECT.
Question 4 Your answer is partially correct. Try again In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases using LCNRV Cases 2 $18.20 20.40 1.80 0.60 4 $18.20 13.90 1.40 0.60 $17.50 13.80 1.66 0.59 $14.10 20.30 1.00 0.60 $14.40 Cost Sales value Estimated cost to complete Estimated cost to sell 8.90 0.80 0.40 Cases 2 3 4 Unit inventory price 13.3 18.20 13.21 8.5 14.1Step by Step Solution
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