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Find what is inventory cost per unit at February

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Reference no: EM132605096

Question - Texas Corp has the following inventory data for February 2018:

Beginning Units: 12,400

Ending Units: 11,800

Cost in excess of market per/ unit at January 31st: 4.00

Replacement cost per unit at February 28th: 65.00

Increase in February gross profit associated with LOCM: 8,300

Find what is inventory cost per unit at February 28th?

Reference no: EM132605096

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