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

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Using the lower of cost or market, what should the total inventory value be for the following items: Unit Cost Unit Market Total Cost Total Market Price Price Price Price Item Quantity Lower of Cost or Market A 197 $9 $11 $1,773 $2,167 B 94 $19 $16 $1,786 $1,504 75 $21 $23 $1,575 $1,725 DI

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