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
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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