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A company reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory Quantity Inventory Ski

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A company reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end Inventory Quantity Inventory Ski Jackets Cost per Unit $170 NRV per Unit $150 220 270 Calculate the amount to be reported for ending inventory. Ending inventory

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