The information shown below relating to the ending inventory was taken at lower of cost...
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The information shown below relating to the ending inventory was taken at lower of cost or NRV from the records of Electronics Corp. Required: a Determine the valuation of the above inventory at cost by individual items. b Determine the valuation of the above inventory at cost assuming application of lowerofcostorNRV by classifications. 
The information shown below relating to the ending inventory was taken at lower of cost or NRV from the records of Electronics Corp. Required:
a Determine the valuation of the above inventory at cost by individual items. b Determine the valuation of the above inventory at cost assuming application of lowerofcostorNRV by classifications.
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