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Sing 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 300 $15.00 $14.50 $4,500 $4,350 $ B 200 $14.00 $15.00 $2,800 $3,000 $ C 100 $17.00 $17.50 $1,700 $1,750
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Sing the lower of cost or market, what should the total inventory value be for the following items:...
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