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Current Attempt in Progress Marigold Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2,160 $2,268
Current Attempt in Progress Marigold Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2,160 $2,268 Penguins 5,400 5,346 Riddlers 4,752 4,995 Scarecrows 3,456 4.136 (a) Your answer is correct. Determine the LCNRV for each item. Item Jokers $ LCNRV 2160 Penguins $ 5346 Riddlers $ 4752 Scarecrows $ 3456 eTextbook and Media Attempts: 1 of 3 used estion 2 of 11 < Jokers S 2160 Penguins $ 5346 Riddlers $ 4752 Scarecrows eTextbook and Media (b) 3456 4.55/9.1 Attempts: 1 of 3 use (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter O for the amounts.) Item Jokers Write-down Penguins Riddlers Scarecrows (2) Determine the amount of write-down, if any, using a total category LCNRV evaluation. (If no write-down, enter 0 for the amount.) Total category LCNRV eTextbook and Media
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