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  3. the replacement cost of a fifo cost inventory item

The replacement cost of a FIFO cost inventory item is $75. Net realizable value is...

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Accounting

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The replacement cost of a FIFO cost inventory item is $75. Net realizable value is $82.50. The cost of the item is $76.50. The inventory item would be valued at O $75. O $82.50 O $0. O $76.50

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