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    Value of company's ending inventory

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    A company has the following per unit original costs and replacement costs for its inventory:
    Part A: 50 units with a cost of $5, and replacement cost of $4.50
    Part B: 75 units with a cost of $6, and replacement cost of $6.50
    Part C: 160 units with a cost of $3, and replacement cost of $2.50
    Under the lower of cost or market method, the total value of this company's ending inventory is:

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    https://brainmass.com/economics/finance/value-companys-ending-inventory-332460

    Solution Preview

    A company has the following per unit original costs and replacement costs for its inventory:
    Part A: 50 ...

    Solution Summary

    Response helps in calculating value of this company's ending inventory

    $2.19