Question
Wildhorse Corporation has the following four items in its ending inventory. Item Cost Net Realizable Value (NRV) Jokers $2,080 $2,184 Penguins 5,200 5,148 Riddlers 4,576
Wildhorse Corporation has the following four items in its ending inventory. Item Cost Net Realizable Value (NRV) Jokers $2,080 $2,184 Penguins 5,200 5,148 Riddlers 4,576 4,810 Scarecrows 3,328 3,983 Partially correct answer. Your answer is partially correct. Try again. Determine the following the LCNRV for each item. Item LCNRV Jokers $Entry field with correct answer 2080 Penguins Entry field with incorrect answer now contains modified data Riddlers Entry field with correct answer 4576 Scarecrows Entry field with correct answer 3328 LINK TO TEXT Incorrect answer. Your answer is incorrect. Try again. (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter 0 for the amounts.) Item Write-down Jokers $Entry field with incorrect answer now contains modified data Penguins Entry field with incorrect answer now contains modified data Riddlers Entry field with incorrect answer now contains modified data Scarecrows Entry field with incorrect answer now contains modified data (2) Determine a total category LCNRV evaluation. (If no write-down, enter 0 for the amount.) Total category LCNRV $Entry field with incorrect answer now contains modified data
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