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Oriole Company has the following cost and net realizable value data at December 31, 2021: Inventory Categories Cost Net Realizable Value Personal computers $24,200 $21,500

Oriole Company has the following cost and net realizable value data at December 31, 2021: Inventory Categories Cost Net Realizable Value Personal computers $24,200 $21,500 Servers 18,300 19,500 Total solution printers 10,000 7,200 (a) Your answer is incorrect. S Calculate the lower of cost and net realizable value valuation assuming Oriole Company applies LCNRV to individual products. Lower of cost and net realizable value $ 5,300

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