Question: Inventory Valuation: Inventory Item Quantity Unit Price Total Value Product A 1200 units $80 $96,000 Product B 1000 units $70 $70,000 Calculate the total value

Inventory Valuation:

Inventory ItemQuantityUnit PriceTotal Value
Product A1200 units$80$96,000
Product B1000 units$70$70,000
Calculate the total value of inventory and discuss the impact of inventory valuation methods.                  

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