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Splish Brothers Inc. applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players iPods 103 units at a
Splish Brothers Inc. applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players iPods 103 units at a cost per unit of $64 167 units at a cost per unit of $80 147 units at a cost per unit of $90 The net realizable value of each of these products at year-end was cameras $77, Blu-ray players $58, and iPods $76. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Ending inventory $
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