Question: please help due in a few hours Current Attempt in Progress Monty Corporation sells coffee beans, which are sensitive to price fluctuations. The following inventory
Current Attempt in Progress Monty Corporation sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2021: Units Coffee Bean Coffea arabica Unit Cost Net Realizable Value 11.800 bags $5.60 $5.55 Coffea robusta 6,300 bags 3.40 3.50 (a) Calculate Monty's inventory at the lower of cost and net realizable value Inventory at the lower of cost and net realizable value $
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