Question: Determine the unit value that should be used for inventory costing following lower of cost or market value $2.35 2.20 2.50 2.25 $2.35 2.20 2.50

Determine the unit value that should be used for inventory costing following "lower of cost or market value"

$2.35 2.20 2.50 2.25 $2.35 2.20 2.50 2.40 $2.54 2.52 Cost Replacement cost Net realizable value Net realizable value less normal profit $2.47 2.55 2.50 2.30 $2.44 2.37 2.50 2.30 $2.44 2.46 2.50 2.30 2.30 Case A Case B $ Case C Case D s Case E Case F

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