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Business, 21.04.2020 15:50 ashtonviceoxd21i

Given the acquisition cost of product ALPHA is $24, the net realizable value for product ALPHA is $23, the normal profit for product ALPHA is $1.00, and the market value (replacement cost) for product ALPHA is $21, what is the proper per unit inventory value for product ALPHA applying LCM? $23.00. $24.00. $21.00. $22.00.

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Given the acquisition cost of product ALPHA is $24, the net realizable value for product ALPHA is $2...
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