Determine the proper carrying value of the following inventory items. Round your answers to two decimal places.
Question:
Round your answers to two decimal places.
Product 431 _____
Product 432______
Product 433______
Product 434______
Product 435 ______
Product 436______
Transcribed Image Text:
Normal Profit Replacement Sales Selling Price Expenses Cost Cost Item $2.60 1.00 $2.50 $3.20 $0.45 0.32 Product 431 Product 432 Product 433 Product 434 Product 435 Product 436 $0.20 L.12 1.28 0.07 0.54 0.75 1.69 2.03 0.50 0.68 0.13 0.10 0.04 0.04 0.30 0.85 1.60 1.95 1.07 0.23 1.86 2.26 0.18 0.26
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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