Posted: June 30th, 2022
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The company uses the LIFO method for costing inventory. Cold Case groups inventory by the device manufacturer for which the case is made in its LCM computations. Cold Case provided the following information regarding inventory at the end of the current year (Click the icon to view the data) Click the icon to view the abbreviation definitions.) Read the requirements Complete the table below to identify the market value per unit amounts for each product, the total cost amounts, and the total market value amounts Market Cost per Unit of Units Total Cost per Unit Total Market Group Manufacturer Smart phone case General Tech Notepad case General Tech Subtotal General Tech Incor Smart phone case Pacific Base Notepad case Pactic Base Subtotal-Pacific Base
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