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Business, 30.03.2020 23:07 chahdhamdy

The Jewel Fool had the following inventory items on hand at the end of the year. Quantity Cost per Item Market Value per Item Necklaces 15 $ 66 $ 71 Bracelets 60 56 36 Determine the lower of cost or market per unit and the total amount that should be reported on the balance sheet for each item of inventory.

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