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Flint Corporation has the following four items in its ending inventory: Item Neutrinos Ocillinos Electrons Protons Cost $ 1,870 5,100 4,230 3,360 Estimated Selling Price
Flint Corporation has the following four items in its ending inventory: Item Neutrinos Ocillinos Electrons Protons Cost $ 1,870 5,100 4,230 3,360 Estimated Selling Price $2,150 5,000 4,565 4,370 Estimated Disposal Costs $100 93 206 117 Assume that Flint is a public company using IFRS. Determine the total value of ending inventory, using the lower of cost and net realizable value model applied on an individual item basis. Item LC and NRV $ $ Neutrinos Ocillinos $ Electrons $ $ Protons Total $
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