Question: Problem 5 - 2 1 A ( Static ) Inventory valuation based on the lower - of - cost - or - market rule LO

Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO 5-2
At the end of the year, Randy's Parts Company had the following items in inventory.
\table[[Item,Quantity,Unit Cost,\table[[Unit Market],[Value]]],[P1,60,$85,$90
Problem 5-21A (Static) Inventory valuation based on the lower-of-cost-or-market rule LO

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