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3 Required information Exercise 6-13A Calculate inventory using lower of cost and net realizable value (L06-6) (The following information applies to the questions displayed below)

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3 Required information Exercise 6-13A Calculate inventory using lower of cost and net realizable value (L06-6) (The following information applies to the questions displayed below) Home Furnishings reports Inventory using the lower of cost and net realizable value (NRV). Below is Information related to its year-end inventory Inventory Purniture Electronics sk Quantity 220 52 Unit Cost $ 87 420 Unit NRV 5102 310 Exercise 6-13A Part 2 2. Calculate ending inventory using the lower of cost and net realizable value. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Wences Furniture Electronics 5 0

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