Carla Vista Wig Shoppe carries a number of wigs that are made specifically for people who require them while undergoing medica treatment. They use a perpetual inventory system and the FIFO cost formula for valuing inventory. The following information is available regarding the inventory on hand at year end, December 31. Types: Unit Net Realizable Value Units Unit Cost Marilyn 12 $140 $138 Farrah 10 203 216 Jane 8 66 70 J-Lo 6 190 212 Cpt. Kirk 9 163 120 (a) Assuming Carla Vista values each type of wig separately, determine the lower of cost and net realizable value of the ending inventory Lower of cost and net realizable value $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit