Question: Exercise 6-13 x your answer is incorrect. Try again. Lily Company applied FIFO to its inventory and got the following results for its ending inventory.
Exercise 6-13 x your answer is incorrect. Try again. Lily Company applied FIFO to its inventory and got the following results for its ending inventory. Cameras Blu-ray players iPods 110 units at a cost per unit of $61 150 units at a cost per unit of $73 135 units at a cost per unit of $81 The net realizable value at year-end was cameras $73, Blu-ray players $65, and iPods $76. Determine the amount of ending inventory at lower-of-cost-or-net realizable value. Ending inventory Click if you would like to Show Work for this question: Open Show Work
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