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Light meters: Vivitar Kodak 10 14 125 120 115 135 Instructions Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis. E6-12 Charapata

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Light meters: Vivitar Kodak 10 14 125 120 115 135 Instructions Determine the amount of the ending inventory by applying the lower-of-cost-or-market basis. E6-12 Charapata Company applied FIFO to its inventory and got the following results for its ending inventory 100 units at a cost per unit of $65 150 units at a cost per unit of $75 125 units at a cost per unit of $80 Cameras Blu-ray players iPods The cost of purchasing units at year-end was cameras $71, Blu-ray players $67, and iPods $78 Instructions Dete rmine the amount of ending inventory at lower-of-cost-or-market. 13 This information is available for Abdullah's Photo Corporation for 2015, 2016, and 2015 Beginning inventory 100,000 300,000 400,000 6 2017. 2017 2016 480,000 00 ooo 400,000

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