Question: Brief Exercise 6 - 1 4 Calculate ending inventory using lower of cost and net realizable value ( LO 6 - 6 ) Powder Ski
Brief Exercise Calculate ending inventory using lower of cost and net realizable valueLO Powder Ski Shop reports inventory using the lower of cost and net realizable value NRV Below is information related to its yearend inventory. Inventory Quantity Cost NRV Ski jackets $ $ Skis Calculate the amount to be reported for ending inventory.
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