= Sunland Wig Shoppe carries a number of wigs that are made specifically for people who require them while undergoing medical treatment. They use a perpetual inventory system and the FIFO cost formula for valuing inventory. The following information is available regarding the inventory on hand at year end, December 31. Types: Units Unit Cost Unit Net Realizable Value $141 Marilyn 13 $143 Farrah 10 219 227 Jane 10 74 95 J-Lo 6 181 220 Cpt. Kirk 10 167 111 Assuming Sunland values each type of wig separately determine the lower of cost and net realizable value of the ending inventory Lower of cost and net realizable value