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Central Appliance Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $11,400
Central Appliance Center accumulates the following cost and net realizable value data at December 31.
Inventory Categories | Cost Data | Net Realizable Value Data | ||||||
Cameras | $11,400 | $11,495 | ||||||
Camcorders | 9,025 | 9,215 | ||||||
Blu-ray players | 13,300 | 12,160 |
Compute the lower-of-cost-or-net realizable value for the companys total inventory.
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