Sage Hill Inc Sells Coffee Beans Which Are Sensitive To Price Fluctuations The Follo 2838709
Sage Hill Inc. sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017: Coffee BeanUnitsUnit Cost MarketMarketCoffea arabica13,100 bags$5.30$5.26Coffea robusta3,800 bags3.503.60 Calculate Tascon’s inventory by applying the lower-of-cost-or-market basis.
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