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The following is available information regarding Beller Co.s five products that it sells: Product Cost $210 311 Net Realizab

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Answer #1

Total cost of inventory = $210 + $311 + $496 + $343 + $411 = $1,771

Total inventory under lower of cost or net realizable value = $210 + $286 + $414 + $343 + $391 = $1,644

Write down of inventory = $1,771 - $1,644

= $127

The answer is C.

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