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Halicon Ltd. applies the lower of cost or NRV valuation to inventory. The company's inventory at the end of the year is as follows: Per
Halicon Ltd. applies the lower of cost or NRV valuation to inventory. The company's inventory at the end of the year is as follows: Per Unit Net Realizable Quantity Coat Value $ 132 Inventory Channification Class 10 Halicon basie models Halican super models Clan 2 Private brand-regular Private brand-deluxe Private brand-super deluxe 52 6108 32 160 140 122 62 42 98 140 212 108 152 158 Required: Determine the amount of any adjustment that is required to inventory under each of the following valuation methods(Enter all amounts as positive values.) 1. By individual type of item. 2. By class of inventory By individual Type of item By class of inventory Writedown amount
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