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Compute the lower-of-cost-or-net realizable valuation

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Question - Compute the lower-of-cost-or-net realizable valuation for Gantner Company's total inventory based on the following:

Inventory Categories

Cost Data

Market Value Data

A

$18,000

$16,900

B

13,900

14,600

C

21,000

20,500

Reference no: EM132441496

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