Question 7 of 7 View Policies Show Attempt History < > Current Attempt in Progress Your...

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Question 7 of 7 View Policies Show Attempt History < > Current Attempt in Progress Your answer is incorrect. Novak Corp. applied FIFO to its inventory and got the following results for its ending inventory. Cameras 114 units at a cost per unit of $61 Blu-ray players 171 units at a cost per unit of $81 iPods 136 units at a cost per unit of $82 The net realizable value of each of these products at year-end was cameras $78, Blu-ray players $53, and iPods $77. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Ending inventory $ eTextbook and Media Save for Later 0/2 E Attempts: unlimited Submit Answer Question 7 of 7 View Policies Show Attempt History < > Current Attempt in Progress Your answer is incorrect. Novak Corp. applied FIFO to its inventory and got the following results for its ending inventory. Cameras 114 units at a cost per unit of $61 Blu-ray players 171 units at a cost per unit of $81 iPods 136 units at a cost per unit of $82 The net realizable value of each of these products at year-end was cameras $78, Blu-ray players $53, and iPods $77. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Ending inventory $ eTextbook and Media Save for Later 0/2 E Attempts: unlimited Submit Answer