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Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) ...

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Question

Accounting

Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value)
A13Y 80 $26 $31
O5T4 162 14 11

Determine the value of the inventory at the lower of cost or market by applying lower of cost or market to each inventory item, as shown in Exhibit 9.

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