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Inventory Valuation_LCM

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Question;On the basis of the following data, determine the value of the inventory at the lower of cost or market. CommodityInventory QuantityUnit Cost PriceUnit Market PriceBuffal 35$115$120Dakota 67 90 75Frontier 8 300 280Midwest 83 40 30Rainbow100 90 94

 

Paper#37431 | Written in 18-Jul-2015

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