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Required Information The towowing formation appes to the questions displayed below.) A company like Golf USA that sells golf-related Inventory typically will have inventory Items
Required Information The towowing formation appes to the questions displayed below.) A company like Golf USA that sells golf-related Inventory typically will have inventory Items such as golf clothing and golf equipment. As technology advances the design and performance of the next generation of dr vers, the older models become less marketable and therefore decline in value. Suppose that in the current year, Ping (a manufacturer of golf clubs) Introduces the MegaDriver II, the new and improved version of the MegaDrver. Below are year-end amounts related to Golf USA's Inventory. Q uantity Inventory Shirts Me Driver MeDriver II 37 17 32 Unit Cost $ 62 389 360 Unit HBW $ 72 269 449 2. Calculate ending Inventory using the lower of cost and net realizable value Inventory Quantity Lower of Cost and NRY Ending Inventory Shirts Mega Driver Mega Driver
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