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Question 3 Not complete Mark 0.00 out of 1.00 P Flag question Determining Lower of Cost or Net Realizable Value (NRV) Crane Company had the
Question 3 Not complete Mark 0.00 out of 1.00 P Flag question Determining Lower of Cost or Net Realizable Value (NRV) Crane Company had the following inventory at December 31, 2017 Unit Price Quantity Cost NRV Desks Model 9001 73 $190 $210 Model 9002 48 280 268 Model 9003 23 350 360 Cabinets Model 7001 123 60 64 Model 7002 83 95 88 Model 7003 53 130 126 a. Determine the ending inventory amount by applying the net realizable value rule te 1. Each item of inventory. $ 0 2. Each major category of inventory. $ 56,116 x 3. Total inventory $ 56,410 Check Type here to search ote /NUTRISYSTEM 191919 20310 17224539 104158-747-5401 Question 3 Not complete Mark 0.00 out of 1.00 P Flag question Determining Lower of Cost or Net Realizable Value (NRV) Crane Company had the following inventory at December 31, 2017 Unit Price Quantity Cost NRV Desks Model 9001 73 $190 $210 Model 9002 48 280 268 Model 9003 23 350 360 Cabinets Model 7001 123 60 64 Model 7002 83 95 88 Model 7003 53 130 126 a. Determine the ending inventory amount by applying the net realizable value rule te 1. Each item of inventory. $ 0 2. Each major category of inventory. $ 56,116 x 3. Total inventory $ 56,410 Check Type here to search ote /NUTRISYSTEM 191919 20310 17224539 104158-747-5401
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