Question: 5 Creative Technology reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year- end inventory

5 Creative Technology reports inventory using the lower of cost and net

5 Creative Technology reports inventory using the lower of cost and net realizable value (NRV). Below is information related to its year- end inventory bents eBook Print References Inventory Optima cameras Inspire speakers Quantity Unit Unit Cost NEV 110 $54 $84 50 64 54 Calculate the total amount to be reported for ending inventory in the balance sheet Lower of Cost and Ending Inventory Quantity NRV per unit Inventory Optima camera Inspire speakers 110 $ 0 50 0 $ 0 Check my work

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