Question: need help finding the missing value Exercise 197 The controller of Greene Yard Company is applying the lower-of-cost-or-net realizable basis of valuing its ending inventory.

need help finding the missing value
need help finding the missing value Exercise 197 The controller of Greene

Exercise 197 The controller of Greene Yard Company is applying the lower-of-cost-or-net realizable basis of valuing its ending inventory. The following information is available: Market Cost Value Lawnmowers: Self-propelled $16,800 $17,000 Push type 19,500 18,000 36,300 35,000 Snowblowers: Manual 29,800 30,000 Self-start 19,700 21,000 Total 49,500 51,000 Total inventory 585,800 $86,000 Total Compute the value of the ending inventory by applying the lower of cost-or-net realizable basis Total ending inventory Click if you would like to Show Work for this question: Open Show Work

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