Question: In some instances accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases. Cases

In some instances accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases.

Cases 3 $15.90 $16.10 $15.90 $15.90 Cost $15.90 Net realizable value Net

Cases 3 $15.90 $16.10 $15.90 $15.90 Cost $15.90 Net realizable value Net realizable value less nomai profit Market (replace- ment cost) 14.50 19.20 10.40 16.40 15.20 17.60 13.75 8.80 12.80 14.80 17.20 12.80 9.70 16.80 14.80

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