The following information pertains to itemab345 of, Ask an Expert

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The following information pertains to item#AB345 of inventory of ABC EDU Sysyrems ,INc. cost $45 per unit replacement cost $46 per unit Selling price $52 per unit the physical inv. indicates 900 units of item #AB345 on hand .What amount will be reported on the ABC bbalance sheet for the inventory item?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9960126

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