Answered

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The following data refer to Brompton Company’s ending inventory:


Item Code

Quantity

Unit Cost

Unit NRV

Small

100

$250

$246

Medium

400

150

145

Large

600

170

162

Extra-Large

250

265

270


What is the ending inventory balance if the lower of cost or net realizable value rule is applied to each item of inventory?

Sagot :

agyesi04

Answer:

Unit cost

Explanation:

They ending inventory

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