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- E-2017 Heading T Normal 1 No Spac... Heading 2 Title Subtitle A Select Paragraph Styles 7. A company has four products (E,F,G,H) and has

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- E-2017 Heading T Normal 1 No Spac... Heading 2 Title Subtitle A Select Paragraph Styles 7. A company has four products (E,F,G,H) and has 100 units of each in stock. The cost (Cost) and net realisable value (NRV) of each of the products are as follows: Product Cost NRV E $10 $7 F $8 $7 G $8 $9 H 56 $10 What should the value of inventory in the balance sheet be according to the Lower of Cost or NRV rule? a) $3,200 b) $2,800 c) $3.700 d) none of the above Activate Windo De Search O te a D

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