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This year, Amber purchased a business that processes and packages landscape mulch. Approximately 20 percent of management time, space, and expenses are spent on this

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This year, Amber purchased a business that processes and packages landscape mulch. Approximately 20 percent of management time, space, and expenses are spent on this manufacturing process. At the end of the year, Amber's accountant indicated that the business had processed 10 million bags of mulch, but only 1 million bags remained in the ending inventory What is Amber's tax basis in her ending inventory if the UNICAP rules are used to allocate indirect costs to inventory? (Assume direct costs are allocated to inventory according to the level of ending inventory. In contrast. Indirect costs are first allocated by time spent and then according to level of ending inventory) (Leave no answers blank. Enter zero if applicable.) 5 Morena Mulchand packaging Material Administrative Supplies 5. Factory labor Sales Sales advertising S Admirabon Property Factory Protyce Om Depoin Factory Deprecanon bloos Tout ce Costs The inventory 900.000 33.000 1.000.000 05.000 30.000 350 500.000 100 220.000 S Pro 210 Next > o 10:17

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