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Business, 18.07.2020 17:01 Tabbicat021

Crane Corporation, a manufacturer of ethnic foods, contracted in 2017 to purchase 480 pounds of a spice mixture at $2.40 per pound, delivery to be made in spring of 2018. By 12/31/17, the price per pound of the spice mixture had risen to $2.77 per pound. In 2017, Crane should recognize

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