Your company has two items of inventory at the end of the accounting period as follows: Cost Fair Market Value Product A $

Question

Your company has two items of inventory at the end of the accounting period as follows:

Cost Fair Market Value
Product A $60,000 $50,000
Product B $50,000 $55,000
Calculate the total inventory amount that would be reported on your balance sheet.

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Bình An 4 years 2021-08-10T20:27:53+00:00 1 Answers 9 views 0

Answers ( )

  1. thienhuong
    0
    2021-08-10T20:29:38+00:00
    Reply

    60 000 plus 50 000 gives u the total amount

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