Question: Required information Skip t o question [ T h e following information applies t o the questions displayed below. ] A company like Golf USA
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A company like Golf USA that sells golfrelated inventory typically will have inventory items such golf clothing and golf equipment. technology advances the design and performance the next generation drivers, the older models become less marketable and therefore decline value. Suppose that the current year, Ping manufacturer golf clubs introduces the MegaDriver the new and improved version the MegaDriver. Below are yearend amounts related Golf USA inventory.
InventoryQuantityUnit CostUnit NRVShirts$$MegaDriverMegaDriver
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Calculate the total recorded cost ending inventory before any adjustments. cost ending inventory adjustment
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