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Floyd Corporation has the following four items in its ending inventory. (1) Determine the amount...

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Accounting

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Floyd Corporation has the following four items in its ending inventory. (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter O for the amounts.) (2) Determine a total category LCNRV evaluation. (If no write-down, enter O for the amount.)

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