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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 Coat 15 $116 20 310 NRV $ 96 360 Calculate the total amount to be reported for ending inventory. Inventory Quantity Lower of Cost and NRV per unit Ending Inventory $ 0 Skijackets Skis 0 $ 0

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