Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied separately to each product.ProductQuantityCost per unit Market per unitJelly150$2.00 2.15Jam370$2.65 2.50Marmalade260$3.10 3.05
A. $2,053.50.
B. $2,086.50.
C. $2,018.00.
D. $2,040.50.
E. $2,109.00.
Answer: C
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