In what situations can different items of inventory be aggregated and evaluated on the basis of lower

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In what situations can different items of inventory be aggregated and evaluated on the basis of lower of cost or NRV for the group as a whole?

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Intermediate Accounting

ISBN: 978-0071339476

Volume 1, 6th Edition

Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I

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