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Multiple Choice Question 151 Ayayai Corp. sells six different products. The following information is available on December 31: Inventory item Units Tin 55 20 Titanium
Multiple Choice Question 151 Ayayai Corp. sells six different products. The following information is available on December 31: Inventory item Units Tin 55 20 Titanium Stainless steel Aluminum Iron Fiberglass Cost per unit Net Realizable Value per unit $470 $475 4700 4650 1880 1800 330 270 380 390 280 275 Estimated selling price $485 4790 1860 275 400 275 75 40 When applying the lower-of-cost-or-net-realizable-value rule to each item, what will Ayayai total ending inventory balance be? O $300300 o $312000 o $300975 o $300700 Click if you would like to Show Work for this question: Open Show Work
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