Lower-of-Cost-or-Net Realizable Value Method The following data refer to the lan Company's ending inventory: Net Unit Realizable Item Code Quantity Cost Value ABX 80 $50 $55 TYG 200 38 42 175 28 24 GGH 90 44 38 Calculate the value of the company's ending inventory by using the lower-of-cost-or-net realizable value applied to each item of inventory Ending inventory computed by applying the lower-of-cost-or-net realizable value to each item of inventory is $ Check