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Using the lower of cost or market, what should the total inventory value be for the following items: Unit Unit Total Total Lower of Cost

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Using the lower of cost or market, what should the total inventory value be for the following items: Unit Unit Total Total Lower of Cost Cost Market Cost Market or Item Quantity Price Price Price Price Market A 178 $7 $9 $1,246 $1,602 B 103 $19 $15 $1,957 $1,545 33 $20 $23 $660 $759

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