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Business, 08.04.2020 04:20 xnadertheking

Given the acquisition cost of product ALPHA is $20, the net realizable value for product ALPHA is $17, the normal profit for product ALPHA is $1.50, and the market value (replacement cost) for product ALPHA is $14, what is the proper per unit inventory value for product ALPHA applying LCM?

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Given the acquisition cost of product ALPHA is $20, the net realizable value for product ALPHA is $1...
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