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pls answer Presented below is information related to Crane Inc's inventory. Skls (per unit) Boots Parkas Historical cost $ 199.50 $111.30 $55.65 222.60 Selling price
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Presented below is information related to Crane Inc's inventory. Skls (per unit) Boots Parkas Historical cost $ 199.50 $111.30 $55.65 222.60 Selling price 152.25 77.44 Cost to sell 19.95 8.40 2.63 Cost to complete 33.60 30.45 22.31 Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV. (Round answers to 2 decimal places, e.g. 52.75.) NRV LCNRV Item Cost Skls $ Boots Parkas Step by Step Solution
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