Question: ir/take Assignment/take AssignmentMain.do?invoker=assignments&take AssignmentSessionLocator=assignment-take&inprogress=false eBook Show Me How Calculator Print Item Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the

 ir/take Assignment/take AssignmentMain.do?invoker=assignments&take AssignmentSessionLocator=assignment-take&inprogress=false eBook Show Me How Calculator Print Item

ir/take Assignment/take AssignmentMain.do?invoker=assignments&take AssignmentSessionLocator=assignment-take&inprogress=false eBook Show Me How Calculator Print Item Lower-of-Cost-or-Market Inventory On the basis of the following data, determine the value of the inventory at the lower of cost or market. Assemble the data in the form illustrated in Exhibit 9. Inventory Item Inventory Quantity Cost per Unit Market Value per Unit (Net Realizable Value) Birch $187 Cypress 144 Mountain Ash Spruce Willow Inventory at the Lower of Cost or Market Inventory Item Birch Total Cost 5,797 Total Market S 5,425 Total Lower of C or M $ S 5,040 4,270 Cypress Mountain Ash 2.535 2,505 Spruce 1.925 1,050 Willow 9,534 8,094 Total 24,831 $ 21,944 Check My Work 2 more Check My Work uses remaining Email Instructor Save and Exit Submit Assignment for

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