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Oriole Company applied FIFO to its inventory and got the following results for its ending inventory. Wireless speakers 142 units at a cost per unit
Oriole Company applied FIFO to its inventory and got the following results for its ending inventory. Wireless speakers 142 units at a cost per unit of $ 60 Bluetooth headphones 198 units at a cost per unit of $ 75 Smart watch accessories 170 units at a cost per unit of $ 80 The net realizable value of units at year-end was Wireless speakers $ 68, Bluetooth headphones $ 70, and Smart watch accessories $ 76. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Total ending inventory ta $
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