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The following information relates to Balsamo Company's inventory: Cost of inventory 460 Selling price of...

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Accounting

The following information relates to Balsamo Company's inventory: Cost of inventory 460 Selling price of inventory 500 Normal profit margin 10% of selling price Current replacement cost 370 Cost of completion and disposal 50 Under IFRS, which of the following would be the correct measurement value for the inventory? 370 450 500 460

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