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What the inventory of boots would be valued at

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Reference no: EM132822170

Data related to the inventories of Alpine Ski Equipment and Supplies is presented below:

Boots 140000

Cost 133000

Replacement Cost 130000

Sales Commission 10%

Problem 1: In applying the lower of cost or net realizable value rule, the inventory of boots would be valued at

Reference no: EM132822170

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