Question: Exercise 6-10 Bridgeport Corp. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31,

Exercise 6-10 Bridgeport Corp. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017: Unit Cost Coffee Bean Units Market Market Coffea arabica 11,700 bags $6.10 $6.03 Coffea robusta 4,500 bags .23.30 Calculate Tascon's inventory by applying the lower-of-cost-or-market basis Tascon's inventorys
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