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The Vogelson Company Accumulates the Following Cost and Net Realizable

Question 160

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The Vogelson Company accumulates the following cost and net realizable valve data at December 31. The Vogelson Company accumulates the following cost and net realizable valve data at December 31. What is the lower-of-cost-or-net realizable value of the inventory? What is the lower-of-cost-or-net realizable value of the inventory?

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