Trillium Import has one of the largest selection of imported food products from Europe. Some of...

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Trillium Import has one of the largest selection of imported food products from Europe. Some of the food products are nearing the "best before date" and as such the wholesale price that Trillium charges its distributors will have to be reduced to move the merchandise. Trillium reported the following cost and net realizable value for inventory at December 31: Product Item Units Unit Cost NRV Pasta Brand Decicco 74 $103 $87 Bari 63 $91 $124 Rustichella 53 $87 $96 Olive Varieties Liguria 110 $215 $272 Gaeta 122 $153 $153 Kalamatas 59 $92 $87 Trillium Import has one of the largest selection of imported food products from Europe. Some of the food products are nearing the "best before date" and as such the wholesale price that Trillium charges its distributors will have to be reduced to move the merchandise. Trillium reported the following cost and net realizable value for inventory at December 31: Product Item Units Unit Cost NRV Pasta Brand Decicco 74 $103 $87 Bari 63 $91 $124 Rustichella 53 $87 $96 Olive Varieties Liguria 110 $215 $272 Gaeta 122 $153 $153 Kalamatas 59 $92 $87