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Using the lower of cost or market, what should the total inventory value be for the following items: Item Inventory Quantity Cost per Unit Market
Using the lower of cost or market, what should the total inventory value be for the following items:
| Item | Inventory Quantity | Cost per Unit | Market Value per Unit | Total Cost Price | Total Market Price | Lower of Cost or Market |
| A | 175 | $10 | $13 | $1,750 | $2,275 | $ |
| B | 77 | $19 | $16 | $1,463 | $1,232 | $ |
| C | 40 | $23 | $25 | $920 | $1,000 | $ |
| $ |
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Eco Management The Elmwood Guide To Ecological Auditing And Sustainable Business
Authors: Ernest Callenbach, Fritjof Capra, Lenore Goldman, Rudiger Lutz
1st Edition
1881052273, 978-1881052272
