Question: Determine the unit value that should be used for inventory costing following lower-of-cost-or-market value. (Round answers to 2 decimal places, eg. 52.75.)

 Determine the unit value that should be used for inventory costing

Determine the unit value that should be used for inventory costing following "lower-of-cost-or-market value". (Round answers to 2 decimal places, eg. 52.75.)

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