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How much is the inventory

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Question - The following data refer to Lion Company's ending inventory:

Item Code

Quantity

Unit Cost

Unit NRV

Small

100

$228

$232

Medium

420

152

176

Large

600

168

176

Extra-Large

220

268

256

Required - How much is the inventory if the lower-of-cost-or-net realizable value rule is applied to each item of inventory?

Reference no: EM133051886

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