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Business, 07.04.2020 21:49 daniellealex

Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Product # 874) has a cost of $91, a replacement cost of $71, a net realizable value of $81, and a normal profit margin of $2. What is the final lower-of-cost-or-market inventory value for Packit?

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Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Prod...
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