Question: Practice, Question 11 D & B Sounds Inc. has accumulated the following cost and net realizable value (NRV) data on March 31: Cost NRV Data

Practice, Question 11 D & B Sounds Inc. has accumulated the

Practice, Question 11 D & B Sounds Inc. has accumulated the following cost and net realizable value (NRV) data on March 31: Cost NRV Data S 48,000 36,000 56,000 S140.000 Data S 40,800 38,000 51,200 S130.000 Stereos Radios DVDs Using the lower of cost and NRV, calculate the LCNRV of the ending inventory. $140,000 $128,000 $120,000 $130,000

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