6-7

Brief Exercise 6-7 Blossom Company accumulates the following cost and market data at December 31 Inventory Categories Cost Data Market Data Cameras Camcorders DVDs $10,015 8,012 11,445 $11,055 8,342 10,055 Compute the lower-of-cost-or-market valuation for company's inventory. The lower-of-cost-or-market value s Click if you would like to Show Work for this question: Open Show Work