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Business, 24.06.2019 20:50 dirgoperadiego2122

Acompany’s normal selling price for its product is $28 per unit. however, due to market competition, the selling price has fallen to $23 per unit. this company's current inventory consists of 120 units purchased at $24 per unit. replacement cost has fallen to $21 per unit. calculate the value of this company's inventory at the lower of cost or market.

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Acompany’s normal selling price for its product is $28 per unit. however, due to market competition,...
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