Question: Current Attempt in Progress Bramble Supplies Inc. values its inventory at the lower of cost and net realizable value. The following data was provided for

 Current Attempt in Progress Bramble Supplies Inc. values its inventory at

Current Attempt in Progress Bramble Supplies Inc. values its inventory at the lower of cost and net realizable value. The following data was provided for the company's current year inventory, which consisted of two items: The appropriate carrying value for the entire inventory when applying the lower of cost and net realizable value rule using net realizable value to the inventory as a whole would be $32400$18000$31200$33600

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