Question: Brief Exercise 9-1 Presented below is information related to Flint Inc. 's inventory Skis Boots Parkas (per unit) Historical cost Selling price Cost to sell

 Brief Exercise 9-1 Presented below is information related to Flint Inc.

Brief Exercise 9-1 Presented below is information related to Flint Inc. 's inventory Skis Boots Parkas (per unit) Historical cost Selling price Cost to sell Cost to complete $342.00 381.60 34.20 57.60 $190.80 261.00 14.40 52.20 $95.40 132.75 4.50 38.25 Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV. Cost NRV LCNRV Item Skis$ Boots Parkas Click if you would like to Show Work for this question: en Show Work

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