Lower of Cost or Market (LCM)

Lower of Cost or Market (LCM) - Floor RC Ceiling Market LCM...

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Lower of Cost or Market (LCM) Item Original Cost Selling Price Selling Cost RC Normal Profit 431 $2.50 $3.20 $0.45 $2.60 $0.20 432 1.12 1.28 0.32 1.00 0.07 433 0.54 0.68 0.13 0.50 0.10 434 0.75 1.07 0.23 0.80 0.04 435 1.69 1.86 0.18 1.60 0.04 436 2.03 2.26 0.26 1.95 0.30 Item Historical Cost
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Unformatted text preview: Floor RC Ceiling Market LCM 431 $2.50 $2.55 $2.60 $2.75 $2.60 $2.50 432 1.12 0.89 1.00 0.96 0.96 0.96 433 0.54 0.45 0.50 0.55 0.50 0.50 434 0.75 0.80 0.80 0.84 0.84 0.75 435 1.69 1.64 1.60 1.68 1.64 1.64 436 2.03 1.70 1.95 2.00 1.95 1.95...
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This note was uploaded on 12/14/2011 for the course BA 264 taught by Professor Vandrgt during the Spring '11 term at Grand Rapids Community College.

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