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Business, 19.03.2022 14:00 nekobaby75

Given the historical cost of product Dominoe is $25, the selling price of product Dominoe is $30, costs to sell product Dominoe are $3, the replacement cost for product Dominoe is $31, and the normal profit margin is 20% of sales price, what is the cost amount that should be used in the lower-of-cost-or-market comparison

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Given the historical cost of product Dominoe is $25, the selling price of product Dominoe is $30, co...
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