The inventory of Marigold Company on December 31, 2025, consists of the following items. Part 110 111 112 113 120 121 122 a Quantity 650 1,050 490 210 420 1,800 290 Cost per Unit $102.00 64.20 85.60 181.90 219.00 17.00 256.80 Inventory as of December 31, 2025 $ Net Realizable Value $107.00 56.00 Inventory as of December 31, 2025 $ 81.00 192.60 223.00 1.00 aPart No. 121 is obsolete and has a realizable value of $1.00 each as scrap. (a) Determine the inventory as of December 31, 2025, by the LCNRV method, applying this method to each item. 251.00 (b) Determine the inventory by the LCNRV method, applying the method to the total of the inventory.

The inventory of Marigold Company on December 31,2025 , consists of the following items. Part No. 121 is obsolete and has a realizable value of $1.00 each as scrap. (a) Detemintine the inventory as or December 31,2025. by the LCNRV method, applying this method to each item. Inventory as of December 31,2025 \$