Lower-of-Cost-or-Net Realizable Value Method The following data are taken from the Smith & Wesson Corporation's inventory accounts: Net Item Unit Realizable Code Quantity Cost Value ZKE 100 $36 $34 XYF 300 47 48 400 36 34 MNJ UBS 200 47 51 Calculate the value of the company's ending inventory using the lower of cost and net realizable value method applied to each item of inventory. Ending Inventory Value: $ 0