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Determine the value of the companys inventory under the

Bardell Company sells three different categories of tools (small, medium and large). The cost and market value of its inventory of tools are as follows. Small Cost Market Medium $64,000 $61,000 Large 290,000 260,000 152,000 167,000 Determine the value of the company"s inventory under the lower-of-cost-or-market approach.

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Cost Accounting: Determine the value of the companys inventory under the

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