FINANCIAL ACCOUNTING
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ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Calculate the lowe, st-or-market c
(a) Inventory a
ACCT101_FEX_2021_2_Male
A company reported the following data related to its ending inventory
957
95
95abe
be1 3
SR1,100
Product
Per
Market
Total
on Hand
Unit Cost
Total
abes 33
Cost
100
SR10
SR1,000
75
5a 18
20
16
95abe18ce
14
1,200
60
1,050
95abe18ce33
14
13
840
40
780
640
800
.ce3
the lower-of-cost-or-market on the:
SR3,680
SR3,730
Calculate
(a) Inventory as a whole
(b) inventory applied separately to each product.
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95abe18ce 33
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95abe
F3
000
F4
F5
F6
F7
50
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&
F8
6
7
7 V
DD
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8A
F10
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