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Concord Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras 140 units at a cost per unit of

Concord Company applied FIFO to its inventory and got the following results for its ending inventory.

Cameras

140 units at a cost per unit of $62

Blu-ray players

155 units at a cost per unit of $70

iPods

120 units at a cost per unit of $81

The net realizable value at year-end was cameras $70, Blu-ray players $68, and iPods $76. Determine the amount of ending inventory at lower-of-cost-or-net realizable value.

Ending inventory

$enter the amount of ending inventory in dollars

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