Business, 06.08.2021 21:10 angie249

On the basis of the following data, determine the value of the inventory at the lower of cost or market. InventoryI item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value)
Birch 42 $162 $173
Cypress 45 280 260
Mountain Ash 20 165 166
Spruce 13 277 294
Willow 12 297 314

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