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Using the lower of cost or market, what should the total inventory value be for the following items: Inventory Cost Market Value 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: Inventory Cost Market Value Total Cost Total Market Lower of Cost or Item Quantity per Unit per Unit Price Price Market A 184 $8 $12 $1,472 $2,208 B 117 $18 $16 $2,106 $1,872 46 $20 $23 $920 $1,058 $ $

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