Assignment 8-12 Lower of Cost or NRV (18 marks) At the end of...

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Accounting

Assignment 8-12 Lower of Cost or NRV (18 marks)
At the end of 20X5, Singh Inc. has four inventory items, two of which management believes should be written down. The cost and estimated NRVs of the items are as follows:
\table[[,,Per Unit],[,Quantity,Cost,NRV],[Item A,100,$170,$160
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