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Saved 6252F Help Required information [The following information applies to the questions displayed below.) Home Furnishings reports inventory using the lower of cost and net

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Saved 6252F Help Required information [The following information applies to the questions displayed below.) Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year-end inventory. Inventory Furniture Electronics Quantity 250 55 Unit Cost $ 90 450 Unit NRV $105 325 Required: 1. Calculate the total recorded cost of ending inventory before any adjustments Cost of ending inventory (before adjustment)

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