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20 April, 21:41

g Hagger Sounds has accumulated the following cost and market data on March 31: Cost Data Market Data iPods $24,000 $20,400 Cell phones 18,000 19,000 DVDs 28,000 25,600 Using the lower-of-cost-or-market, how much is the value of the ending inventory?

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  1. 20 April, 21:58
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    The value of the ending inventory is $64000
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