Using the lower of cost or market,what should the total inventory value be for the following items:
Definitions:
National
Pertaining to or encompassing an entire nation, as opposed to being regional or local; often refers to governmental policies or initiatives at the country-wide level.
State
An organized political community under one government; a nation or territory considered as an organized political community.
Local Party Organizations
The grassroots units of political parties, operating at the local level to support party candidates and policies within specific communities.
Democratic Party
One of the two major contemporary political parties in the United States, known for its liberal positions on various social and economic issues.
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