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Pharoah Company accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Cameras Camcorders DVDs $10,140 8,235 11,100 Net
Pharoah Company accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Cameras Camcorders DVDs $10,140 8,235 11,100 Net Realizable Value $11,150 The lower-of-cost-or-net realizable value $ 8,895 9,560 Compute the lower-of-cost-or-net realizable value for company's inventory.
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