Question: In applying LCM, market cannot be: 1-Less than net realizable value minus a normal profit margin. 2- Net realizable value less reasonable completation and disposal

In applying LCM, market cannot be: 1-Less than net realizable value minus a normal profit margin. 2- Net realizable value less reasonable completation and disposal cost. 3- less than cost 4-greater than net realizable value reduced by an allowance for normal profit margin.

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