On the basis of given data find out the value of the

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On the basis of the following data, determine the value of the inventory at the lower of cost or market.

Commodity Inventory quantity Unit Cost Price Unit Market Price

Buffal 35 $115 $120

Dakota 67 90 75

Frontier 8 300 280

Midwest 83 40 30

Rainbow 100 90 94

Reference no: EM13388952

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