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Using the following inventory information for Products A & B, calculate the total ending inventory using the lower of cost or market, applied on an

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Using the following inventory information for Products A & B, calculate the total ending inventory using the lower of cost or market, applied on an item basis. Net realizable Item Qty. Unit cost Unit value A 10 $39 $40 B 7 110 98 The calculated value of the total ending inventory is: $1,076 $1,169 $1,086 $2,246 None of the aobve

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