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Brief Exercise 6 - 1 4 Calculate ending inventory using lower of cost and net realizable value ( LO 6 - 6 ) Powder Ski

Brief Exercise 6-14 Calculate ending inventory using lower of cost and net realizable value(LO6-6) Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. Inventory Quantity Cost NRV Ski jackets 20 $115 $ 95 Skis 25300350 Calculate the amount to be reported for ending inventory.

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