Question: using the lower cost or market, what should the total inventory value be for the following items: Calculator Using the lower of cost or market,

using the lower cost or market, what should the total inventory value be for the following items:

Calculator Using the lower of cost or market, what should the total inventory value be for the following items: Unit Cost Unit Market Total Cost Total Market Lower of Cost or Item Quantity Price Price Price Price M arket A 300 $15.00 $14.50 $4,500 $4,350 B 200 $14.00 $15.00 $2,800 $3,000 100 $17.00 $17.50 $1,700 $1,750 C

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