Determine the proper unit inventory price in the following independent cases by applying the lower-of- cost-or-net...

 

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Determine the proper unit inventory price in the following independent cases by applying the lower-of- cost-or-net realizable value rule. Cost Sales value Cost Cost to sell to complete Compute the LCNRV A 80 100 18 7 105 130 19 10 C 120 160 21 12 D 60 65 E 72 80 6 5 Determine the proper unit inventory price in the following independent cases by applying the lower-of- cost-or-net realizable value rule. Cost Sales value Cost Cost to sell to complete Compute the LCNRV A 80 100 18 7 105 130 19 10 C 120 160 21 12 D 60 65 E 72 80 6 5