Banovic Footwear applied FIFO to its inventory and got the following results for its ending inventory. The
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Banovic Footwear applied FIFO to its inventory and got the following results for its ending inventory.
The net realizable value per unit at year-end was tennis shoes €70, running shoes €71, and basketball shoes €74.
Instructions Determine the amount of ending inventory at lower of cost or net realizable value.
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The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
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Related Book For 
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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