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Brief Exercise 6-15 Calculate ending inventory using the lower of cost and net realizable value (LO6-6) Creative Technology reports inventory using the lower of cost

Brief Exercise 6-15 Calculate ending inventory using the lower of cost and net realizable value (LO6-6) Creative Technology reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year- end inventory. Inventory Optima cameras Inspire speakers Quantity 120 30 Unit Cost NRV $55 65 $85 55 Calculate the total amount to be reported for ending inventory. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory Optima camera Inspire speakers

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