Tamarisk, Inc. Sells coffee beans, which are sensitive to price fluctuations. The following inventory information...
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Tamarisk, Inc. Sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2022. Coffee Bean Coffea arabica Coffea robusta Units 12,100 bags 4,100 bags Unit Cost $5.60 3.40 Net Realizable Value $5.55 3.50 Calculate Tamarisk's inventory by applying the lower-of-cost-or-market basis. $ Tamarisk's inventory
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