Z Corporation operates a department store that offers hundreds of different items for sale, from lawn mowers to lollipops.It values its inventory using the lower of cost or market approach.In applying this method, the company can either compare the total cost of the inventory to its total value or compare each item to its market value.

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The Answer of Z Corporation operates a department store that offers hundreds of different items for sale, from lawn mowers to lollipops.It values its inventory using the lower of cost or market approach.In applying this method, the company can either compare the total cost of the inventory to its total value or compare each item to its market value.

Z Corporation Operates a Department Store That Offers Hundreds of Different