Question: Exercise 6 - 1 3 ( Algo ) Calculate inventory using lower of cost and net realizable value ( LO 6 - 6 ) Down

Exercise 6-13(Algo) Calculate inventory using lower of cost and net realizable value (LO6-6)
Down Home Furnishings reports inventory using the lower of cost and net realizable value (NRV). Below is information related to it year-end inventory.
\table[[Inventory,Quantity,Unit Cost,Unit NRV],[Furniture,260,$91,$106
 Exercise 6-13(Algo) Calculate inventory using lower of cost and net realizable

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