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The Following Data Refer to Cambridge Company's Ending Inventory

Question 39

Multiple Choice

The following data refer to Cambridge Company's ending inventory:
The following data refer to Cambridge Company's ending inventory: How much is the inventory if the lower of cost or market rule is applied to each item of inventory? A) $250,000 B) $252,640 C) $265,440 D) None of the above How much is the inventory if the lower of cost or market rule is applied to each item of inventory?


A) $250,000
B) $252,640
C) $265,440
D) None of the above

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