Lower-of-Cost-or-Net Realizable Value Method The following data refer to the Flemming Company's ending inventory: Item Net Unit Realizable Code Quantity Cost Value ABX 80 $58 $63 TYG 150 48 50 JIL GGH 175 90 36 33 52 46 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