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Problem 9-1 Remmers Company manufactures desks. Most of the company's desks are standard models and...

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Problem 9-1 Remmers Company manufactures desks. Most of the company's desks are standard models and are sold on the the company's inventory. basis of catalog prices. At December 31, 2017, the following rinished desks (10 desks in each cateon) apear Finished Desks $105 96 20 120 $48 45 $90 83 $45 2017 catalog selling price FIFO cost per inventory list 12/31/17 Estimated cost to complete and sell 2018 catalog selling price 47 ? 11 54 26 90 50 The 2017 catalog was in effect through November 2017, and the 2018 catalog is effective as of December 1,: catalog prices are net of the usual discounts. At what amount should each of the four desks appear in the company's December 31, 2017, inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-net realizable value (LCNRV) approach for valuation inventories on an individual-item basis? Item A s Item B s Item C s Item D Question Attempts: Unlimited s Sons, inc or resated companies All rigts reserved 10/27/201

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