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The Rebecca Company Provided the Following Data for Its December

Question 51

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The Rebecca Company provided the following data for its December 31, 2016, inventory maintained on the retail basis. The Rebecca Company provided the following data for its December 31, 2016, inventory maintained on the retail basis. What is the estimated inventory at December 31, 2016, valued at lower of average cost or market? A) $87,018 B) $70,522 C) $62,951 D) $44,069
What is the estimated inventory at December 31, 2016, valued at lower of average cost or market?


A) $87,018
B) $70,522
C) $62,951
D) $44,069

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