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Business, 06.05.2021 02:20 godchaux15395

The following data refer to Brompton Company’s ending inventory: Item Code

Quantity

Unit Cost

Unit NRV

Small

100

$250

$246

Medium

400

150

145

Large

600

170

162

Extra-Large

250

265

270

What is the ending inventory balance if the lower of cost or net realizable value rule is applied to each item of inventory?

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Answers: 1

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The following data refer to Brompton Company’s ending inventory: Item Code

Quantity
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