Lower$-$of$-$Cost$-$or$-$Net Realizable Value Method

The following data are taken from the Browning Corporation's inventory accounts:

$>$

Item

Code

Quantity

Unit

Cost Net

Realizable

Value

ACE $100$ $$75$ $$74$ BDF $3008081$ GHJ $4007068$ MBS $2007377$

Calculate the value of the company$$s ending inventory using the lower$-$of$-$cost$-$or$-$net realizable value method applied to each item of inventory.

Ending Inventory Value: $Answer