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Brief Exercise 9-2 Bridgeport Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2,120 $2,226 5,300 5,247

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Brief Exercise 9-2 Bridgeport Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2,120 $2,226 5,300 5,247 Penguins 4,903 Riddlers 4,664 4,060 Scarecrows 3,392 Determine the following the LCNRV for each item. LCNRV Item Jokers Penguins Riddlers Scarecrows

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