Question: QS 5 - 2 3 ( Algo ) Applying LCM to inventories LO P 2 Ames Trading Company has the following products in its ending

QS 5-23(Algo) Applying LCM to inventories LO P2
Ames Trading Company has the following products in its ending inventory.
\table[[Product,Quantity,\table[[Cost per],[Unit]],\table[[Market per],[Unit]]],[Mountain bikes,11,$730,$700
QS 5-23(Algo) Applying LCM to inventories LO P2 Ames Trading Company

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