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Business, 10.10.2019 00:20 drealtania21

Lyz sells product p for $40 per unit. the cost of one unit of p is $36, and the replacement cost is $35. the estimated cost to dispose of a unit is $8, and the normal profit is 40%. at what amount per unit should product p be reported, applying lower-of-cost-or-market? a. $16.b. $32.c. $35.d. $36.

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Lyz sells product p for $40 per unit. the cost of one unit of p is $36, and the replacement cost is...
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