VIEW Policies Current Attempt in Progress Blossom Company uses a perpetual inventory system and the FIFO cost formula for valuing inventory. The company is now in the process of comparing the cost of its inventory with its net realizable value. The following data are available at Blossom Company's year end, December 31 Net Realizable Value Units Unit Cost per Unit Clothing B6 57 $5 Jewellery 70 20 24 Greeting cards 42 1 2 Stuffed toys 56 11 39 (a Determine the lower of cost and net realizable value of the ending inventory assuming Blossom Company applies LCNRV individual items GAM 121103 Lower of cost and net realizable value 0 Clear 9 Type here to search TY P 20 Greeting cards 42 1 2 Stuffed toys 56 11 39 (a) Determine the lower of cost and net realizable value of the ending inventory assuming Blossom Company applies LCNRV on Individual items $ Lower of cost and net realizable value e Textbook and Media List of Accounts Attempts: Oof 5 used Submit Answer Save for Later h ENG COM M29