Question: Question 2 4 Basic inventory data for April 3 0 are presented as follows for a business that employs the lower - of - cost

Question 24
Basic inventory data for April 30 are presented as follows for a business that employs the lower-of-cost-or-market basis of inventory valuation to each category. BONUS QUESTION
(a) Complete the table.
(b) Determine the amount of reduction in the inventory at Apnil 30 attributable to market decline.
Question 2 4 Basic inventory data for April 3 0

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