Question: there are 5 cases In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in

there are 5 cases there are 5 cases In some instances, accounting principles require a departure

In some instances, accounting principles require a departure from valuing inventories at cost alone. Determine the proper unit inventory price in the following cases, under the lower-of-cost-or-market rule. (Round answers to 2 decim ploces, eg. 52.75

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