Question: Question 1 0 : At 1 2 / 3 1 / 2 0 2 5 , Ashley has outstanding purchase commitments for 1 5 0

Question 10: At 12/31/2025, Ashley has outstanding purchase commitments for 150,000 gallons, at $6.20/gallon, of raw material to be used in manufacturing. Ashley prices raw material inventory at lower of cost or market. If market price as of 12/31/2025, is $5.90, what is correct reporting?

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