ment CALCULATOR FULL SC Multiple Choice Question 150 Skysong, Inc. sells three different products. The...
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ment CALCULATOR FULL SC Multiple Choice Question 150 Skysong, Inc. sells three different products. The following information is available on December 31: Inventory item Units Cost per unit Market value per unit 250 $3.30 $3.00 490 $2.00 $1.00 Z $2.00 $3.50 Y 1230 After applying the lower-of-cost-or-net-realizable-value rule to each item, what will Skysong total ending inventory balance be? $4265 $4670 $3940 $3700
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