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Tatum Company has four products in its inventory. Information about the December 31, 2016, inventory is as follows: Product Total Cost Total Net Realizable Value
Tatum Company has four products in its inventory. Information about the December 31, 2016, inventory is as follows: |
Product | Total Cost | Total Net Realizable Value | |||||||||||||||||
101 | $ | 146,000 | $ | 113,000 | |||||||||||||||
102 | 108,000 | 123,000 | |||||||||||||||||
103 | 73,000 | 63,000 | |||||||||||||||||
104 | 43,000 | 63,000 | |||||||||||||||||
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