Current Attempt in Progress Carla Vista Co. uses a perpetual inventory system and the FIFO cost formula for valuing inventory. The company is now in the process of comparing the cost of its inventory with its net realizable value. The following data are available at Carla Vista Co.'s year end. December 31: Net Realizable Units Unit Cost Value per Unit Clothing 96 $8 $5 Jewellery 72 20 Greeting cards 43 Stuffed toys 56 212 26 3 12 38 (a) Determine the lower of cost and net realizable value of the ending inventory assuming Carla Vista Co. applies LCNRV on individual items