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Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at Dece Product Item Units Unit Cost Unit NRV Skates:
Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at Dece Product Item Units Unit Cost Unit NRV Skates: Bauer 13 $262 $406 CCM 11 $426 $359 Running shoes: Adidas 5 $123 $123 Nike 8 $119 $112 Calculate the ending inventory balance for skates and running shoes using the lower of cost and net realizable v item. Ending inventory balance $ eTextbook and Media Calculate the ending inventory balance for skates and running shoes using the historical unit costs provided
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