Cost and market data

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Sadowski Video Center accumulates the following cost and market data at December 31.

Inventory Categories

 

Cost Data

 

Market Data

Cameras

 

$12,476

 

$13,476

Camcorders

 

8,513

 

9,033

DVDs

 

12,146

 

10,876


Compute the lower-of-cost-or-market valuation for Sadowski inventory.

The lower-of-cost-or-market value

 

$https://edugen.wileyplus.com/edugen/art2/common/pixel.gif

 

 

Reference no: EM13917132

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