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    Fundamental Accounting Principles Study Set 7
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    Exam 6: Inventory Costing and Valuation
  5. Question
    Isaiah's Gear Had the Following Ending Inventory Costs: Calculate
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Isaiah's Gear Had the Following Ending Inventory Costs: Calculate

Question 20

Question 20

Essay

Isaiah's Gear had the following ending inventory costs: Isaiah's Gear had the following ending inventory costs:   Calculate the lower of cost and net realizable value (LCNRV)on an item by item basis. Calculate the lower of cost and net realizable value (LCNRV)on an item by item basis.

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