Question: Reporting & Analyzing INventory - College level 1 Accounting The following information on cost and net realizable value of Bramble Ltd.s various inventory categories was
Reporting & Analyzing INventory - College level 1 Accounting
The following information on cost and net realizable value of Bramble Ltd.s various inventory categories was gathered at December 31:
| Inventory Categories | Cost | NRV | |||
| Desktops | $348,700 | $327,600 | |||
| Tablets and readers | 169,300 | 225,100 | |||
| Laptops | 219,300 | 283,700 | |||
| Tablets and readers | 97,000 | 93,600 |
|
1. Calculate the lower of cost and net realizable value for each inventory category within Brambles inventory.
Lower of cost and net realizable value = $_____?
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