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Wildhorse Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2.720 $2,856 Penguins 6,800 6,732 Riddlers 5,984

Wildhorse Corporation has the following four items in its ending inventory. Net Realizable Item Cost Value (NRV) Jokers $2.720 $2,856 Penguins 6,800 6,732 Riddlers 5,984 6,290 Scarecrows 4,352 5,209 (a) Determine the LCNRV for each item. Item Jokers Penguins $ Riddlers $ Scarecrows LCNRV

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