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Cruz Video Center accumulates the following cost and net realizable data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $16,020 $16,420
Cruz Video Center accumulates the following cost and net realizable data at December 31.
Inventory Categories | Cost Data | Net Realizable Value Data | ||||||
Cameras | $16,020 | $16,420 | ||||||
Camcorders | 12,682 | 12,949 | ||||||
Blu-ray players | 18,690 | 17,221 |
Compute the lower-of-cost-or-net realizable value valuation for the companys total inventory.
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