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Part 1 of 2 Required information The following information applies to the questions displayed below.) Home Furnishings reports Inventory using the lower of cost and

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Part 1 of 2 Required information The following information applies to the questions displayed below.) Home Furnishings reports Inventory using the lower of cost and net realizable value (NRV), Below is Information related to its year-end Inventory. points Skipped Q uantity Unit Cost Inventory Purniture Electronics 210 519 Unit NRY $101 305 9305 Book Required: 1. Calculate the total recorded cost of ending Inventory before any adjustments. References Cost of ending inventory (before adjustment)

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