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 2.15 Jam370$2.65 2.50 Marmalade260$3.10 3.05
A. $2,053.50.
B. $2,018.00.
C. $2,086.50.
D. $2,040.50.
E. $2,109.00.
Answer: B
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