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Wahlowitz Video Center accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $15,600
Wahlowitz Video Center accumulates the following cost and net realizable value data at December 31.
Inventory Categories | Cost Data | Net Realizable Value Data | ||||||
---|---|---|---|---|---|---|---|---|
Cameras | $15,600 | $15,730 | ||||||
Camcorders | 12,350 | 12,610 | ||||||
Blu-ray players | 18,200 | 16,640 |
Compute the lower-of-cost-or-net realizable value for the companys total inventory.
The lower-of-cost-or-net realizable value | $enter the lower-of-cost-or-net realizable value in dollars |
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