Using the lower of cost or market, what should the total inventory value be for...
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Accounting
Using the lower of cost or market, what should the total inventory value be for the following items: Item Quantity Unit Cost Price Unit Market Price Total Cost Price Total Market Price Lower of Cost or Market A 208 $7 $10 $1,456 $2,080 $ B 106 $14 $12 $1,484 $1,272 $ C 67 $24 $27 $1,608 $1,809 $ $
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