Question: CALCULATOR PRINTER VERSION 4 BACK NEXT Multiple Choice Question 150 Oriole Company sells three different products. The following information is available on December 31: Inventory
CALCULATOR PRINTER VERSION 4 BACK NEXT Multiple Choice Question 150 Oriole Company sells three different products. The following information is available on December 31: Inventory item Units Cost per unit Market value per unit X 340 $4.50 $4.00 Y 670 $2.00 $1.50 1680 $3.00 $4.50 Z After applying the lower-of-cost-or-net-realizable-value rule to each item, what will Oriole total ending inventory balance be? O $7910 O $7405 O $8900 O $7400 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used
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