lizama847 lizama847

23-10-2022
Mathematics

Answered

The Entertainment Center accumulates the following cost and net realizable value (NRV) data at December 31.
Inventory
Cost
Categories Data
Camera
Camcorders
DVDs
$11,600 $10,100
8,500
8,000
Market
Data
13,500
12,900
What is the lower-of-cost-or-net-realizable-value of the inventory?
Lower-of-cost-or-net-realizable-value $

Answer :

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