Reporting & Analyzing Inventory - College Accounting Level 1

The following information on cost and net realizable value of Bramble Ltd.'s various inventory categories was gathered at December 31: Inventory Categories Cost Desktops Tablets and readers Laptops Tablets and readers NRV $348,700 $327,600 169,300 225,100 219,300 283,700 97,000 93,600 (a) Calculate the lower of cost and net realizable value for each inventory category within Bramble's inventory. Lower of cost and net realizable value s