Chrome File Edit View History Bookmarks Profiles Tab Window Help US Q 8 0 Sat Apr 1 1:40 PM . .. Bb] Chapter 5 Homework Assignmx M Question 8 - Chapter 5 Homew > Course Hero C " ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconne... Update : Chapter 5 Homework Assignment Saved Help Save & Exit Submit Check my work 8 The following information pertains to Hagen Metal Works' ending inventory for the current year. Unit Market 10 Item Quantity Unit Cost value point 140 $13 $11 130 15 13 46 11 12 26 13 Book Required a. Determine the value of the ending inventory using the lower-of-cost-or-market rule applied to (1) each individual inventory item and Hint (2) the inventory in aggregate. b. Prepare any necessary journal entries, assuming the decline in value is immaterial, using the (1) individual method and (2) aggregate method. Hagen Metal Works uses the perpetual inventory system. Print in Complete this question by entering your answers in the tabs below. References Required A Required B Determine the value of the ending inventory using the lower-of-cost-or-market rule applied to (1) each individual inventory item and (2) the inventory in aggregate. Ending Inventory Individual item method Aggregate method Required A Required B > Mc Chrome File Edit View History Bookmarks Profiles Tab Window Help US Q 8 0 Sat Apr 1 1:41 PM . .. Bb] Chapter 5 Homework Assignmx M Question 8 - Chapter 5 Homew > Course Hero C " ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fconnect.mheducation.com%252Fconne... Update : Chapter 5 Homework Assignment Saved Help Save & Exit Submit Check my work 8 The following information pertains to Hagen Metal Works' ending inventory for the current year. Unit Market 10 Item Quantity Unit Cost value point 140 $13 $11 130 15 13 46 11 12 26 13 Book Required a. Determine the value of the ending inventory using the lower-of-cost-or-market rule applied to (1) each individual inventory item and Hint (2) the inventory in aggregate. b. Prepare any necessary journal entries, assuming the decline in value is immaterial, using the (1) individual method and (2) aggregate method. Hagen Metal Works uses the perpetual inventory system. Print in Complete this question by entering your answers in the tabs below. References Required A Required B Prepare any necessary journal entries, assuming the decline in value is immaterial, using the (1) individual method and (2) aggregate method. Hagen Metal Works uses the perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Event General Journal Debit Credit 2 2 No Transaction Recorde Mc Hill 1