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Calculate the value of the company ending inventory

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Reference no: EM132578142

Question - The following data are taken from the Browning Corporation's inventory accounts:

Item Code Quantity Unit Cost Net Realizable Value

ACE 100 $42 $41 BDF 300 47 48 GHJ 400 37 35 MBS 200 40 44

Calculate the value of the company's ending inventory using the lower-of-cost-or-net realizable value method applied to each item of inventory.

Reference no: EM132578142

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