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View Policies Current Attempt in Progress Trillium Import has one of the largest selection of imported food products from Europe. Some of the food
View Policies Current Attempt in Progress 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 Barl %% 68 $94 $79 69 $101 $129 Rustichella 56 593 $103 Olive Varieties Liguria 103 $196 $257 Gaeta 125 $140 $140 Kalamatas 61 $106 $101 Calculate the total ending inventory balance for pasta brands and olive varieties using cost and the lower of cost or net realizable value for each item
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