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Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory Inventory Ski

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Powder Ski Shop reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory Inventory Ski jackets Skis Quantity Unit Cost 20 $.99 NRV $119 360 390 Calculate the total amount to be reported for ending Inventory Inventory Q uantity wany Lower of Cost and NRV per unit Ending Inventory Ski Jackets Siis

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