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What unit value should ross use when applying the lcm rule

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1. Ross Electronics has one product in its ending inventory. Per unit data consist of the following: cost, $20; replacement cost, $18; selling price, $30; disposal costs, $4. The normal profit margin is 30% of selling price. What unit value should Ross use when applying the LCM rule to ending inventory? 

Reference no: EM131000393

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