- Ed In 12 3 5 878 4 3 The Following Information Is Taken From Bellows Corporation S Inventory Records 6 So126922 10 11 1 1 (65.42 KiB) Viewed 8 times
ed in 12 3 5 878 4 3) The following information is taken from Bellows Corporation's inventory records 6 SO126922 10 11 1
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ed in 12 3 5 878 4 3) The following information is taken from Bellows Corporation's inventory records 6 SO126922 10 11 1
ed in 12 3 5 878 4 3) The following information is taken from Bellows Corporation's inventory records 6 SO126922 10 11 13 14 15 17 EXAM # Chapters 8 and 9 18 20 Selling price Cost Replacement cost Selling costs Women's Apparel $180,000 128,000 120,000 18,000 Men's Children's Apparel Apparel $140,000 $120,000 133,000 90,000 130,000 14,000 Women's Apparel Men's Apparel Children's Apparel 22 23 Prepare any journal entries required to write down the inventory value. 110,000 12,000 Product Cost F G Normal profit margin is 20% of the selling price. What is the correct inventory value for each product using the lower of cost or market? H