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

Brief Exercise 9-1 Presented below is information related to Riverbed Inc.'s

Brief Exercise 9-1 Presented below is information related to Riverbed Inc.'s inventory (per unit) Skis Boots Parkas Historical cost Selling price Cost to sell Cost to complete $209.00 233.20 20.90 35.20 $116.60 159.50 8.80 31.90 $58.30 81.13 2.75 23.38 Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV. Item Cost NRV LCNRV Skis $ Boots Parkas

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