Marigold Corporation sells cocoa beans, which are sensitive to price fluctuations. The following inventory information is available for this product at June 30, 2024: Cocoa Bean Forastero Criollo (a) Units 10,000 bags 4,700 bags Unit Cost Net Realizable Value * Your answer is incorrect. $5.60 3.40 $5.55 Inventory at the lower of cost and net realizable value 3.50 Calculate Marigold's inventory at the lower of cost and net realizable value. 56000

Marigold Corporation sells cocoa beans, which are sensitive to price fluctuations. The following inventory information is available for this product at June 30,2024 : (a) Calculate Marigold's inventory at the lower of cost and net realizable value. Inventory at the lower of cost and net realizable value