Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9.
Product Inventory Unit Unit
Quantity Cost Price Market Value per Unit
(Net Realizable Value)
Model A 300 $140 $125
Model B 500 90 112
Model C 150 60 59
Model D 800 120 115
Model E 400 140 145
Inventory at the Lower of Cost or Market
Product Total Cost Total Market Lower of Total Cost or Total Market
A $ $ $
B
C
D
E
Total $ $ $

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

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