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Question 4 of 13 < > View Policies -/1 Current Attempt in Progress Swifty Camera Shop uses the lower-of-cost-or-net realizable value basis for its
Question 4 of 13 < > View Policies -/1 Current Attempt in Progress Swifty Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Units Unit Cost Net Realizable Value Cameras Minolta 8 W169,000 W155,700 Canon 6 150,200 152,700 Light Meters Vivitar 12 125,900 114,900 Kodak 14 114,900 135,200 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory W eTextbook and Media
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