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problem: Tanzy Company's ending inventory includes the following items. find out the lower cost or market for ending inventory (a) as a whole & (b) applied separately to each product.
Suggestion: b) $6,896

Product

Units

Cost

Market

Helmets

22

$50

$54

Bats

15

78

72

Shoes

36

95

91

Uniforms

40

36

36

 

 

Cost Accounting, Accounting

  • Category:- Cost Accounting
  • Reference No.:- M921834

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