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The following information on cost and net realizable value of Marigold Ltd.'s various inventory categories was gathered at December 31, 2021: Inventory Categories Cost
The following information on cost and net realizable value of Marigold Ltd.'s various inventory categories was gathered at December 31, 2021: Inventory Categories Cost NRV Desktops $350,200 $329,000 Tablets and readers 169,200 224,000 Laptops 220,100 283,800 Accessories and parts 96,800 93,600 (a) Your answer is incorrect. Calculate the lower of cost and net realizable value for each inventory category within Marigold's inventory. Inventory Categories LCNRV Desktops Tablets and readers Laptops Accessories and parts Total valuation $ $
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