Question: 10 10 points Save Answer SHOW YOUR WORK to recieve credit. Albert Company evaluated its inventory using the Lower of Cost or Market method. If

10 10 points Save Answer SHOW YOUR WORK to recieve credit. Albert Company evaluated its inventory using the Lower of Cost or Market method. If the Lower of Cost or Market was applied to the following items, what should the total inventory value be? Inventory Cost per Market value per Total Total Item Quantity Unit Unit Cost Market A 300 $15.00 $14.50 $5,500 $5,050 B 200 $14.00 $15.00 $2,800 $3,000 C 100 $17.00 $17 50 $1,700 $1,750

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