Question 11 of 20 > Presented below is information related to Marigold Inc.'s inventory. (per unit)...
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Question 11 of 20 > Presented below is information related to Marigold Inc.'s inventory. (per unit) Skis Boots Parkas Historical cost $228.00 $127.20 $63.60 Selling price 254.40 174.00 88.50 Cost to sell 22.80 9.60 3.00 Cost to complete 38.40 34.80 25.50 - / 0.65 E III 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.) Item Skis Boots Parkas Cost NRV LCNRV Question 11 of 20 > Presented below is information related to Marigold Inc.'s inventory. (per unit) Skis Boots Parkas Historical cost $228.00 $127.20 $63.60 Selling price 254.40 174.00 88.50 Cost to sell 22.80 9.60 3.00 Cost to complete 38.40 34.80 25.50 - / 0.65 E III 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.) Item Skis Boots Parkas Cost NRV LCNRV
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