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Indigo Sounds has accumulated the cost and net realizable value data on March 31: iPods Cell phones DVDs Cost $20160 O $59640 O $53760 O
Indigo Sounds has accumulated the cost and net realizable value data on March 31: iPods Cell phones DVDs Cost $20160 O $59640 O $53760 O $54600 O $58800 15120 23520 Net Realizable Value $17136 15960 21504 Using the lower-of-cost-or-net realizable value, how much is the value of the ending inventory? (Apply LCNRV to each category)
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