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Blossom Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis....

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Accounting

Blossom Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
\table[[Item No.,Quantity,\table[[Cost],[per Unit]],\table[[Estimated],[Selling Price]],\table[[Cost to Complete],[and Sell]]],[1320,1,900,$3.94,$5.54,$1.97
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