Question: Creative Technology reports inventory using lower-of-cost-or-market. Below is information related to its year-end inventory? Calculate the amount to be reported for endinginventory. Inventory Optima cameras

Creative Technology reports inventory using lower-of-cost-or-market. Below is information related to its year-end inventory? Calculate the amount to be reported for endinginventory.

Inventory Optima cameras Inspire speakers Quantity Market $45 S75 45 110 50

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