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The Following Data Refer to Billings Company's Ending Inventory

Question 63

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The following data refer to Billings Company's ending inventory:
The following data refer to Billings Company's ending inventory: How much is ending inventory if the lower of cost or net realizable value rule is applied to the total inventory? A) $8,935 B) $8,805 C) $8,812 D) $8,814 How much is ending inventory if the lower of cost or net realizable value rule is applied to the total inventory?


A) $8,935
B) $8,805
C) $8,812
D) $8,814

Correct Answer:

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