Question: Tin 45 Multiple Choice Question 151 Nash's Trading Post, LLC sells six different products. The following information is available on December 31: Inventory item Units
Tin 45 Multiple Choice Question 151 Nash's Trading Post, LLC sells six different products. The following information is available on December 31: Inventory item Units Cost per unit Net Realizable Value per unit Estimated selling price $370 $375 $380 Titanium 3700 3660 3770 Stainless steel 1480 1410 1470 Aluminum 260 210 30 300 315 Fiberglass 30 220 220 15 60 60 215 Iron 300 220 When applying the lower-of-cost-or-net-realizable-value rule to each item, what will Nash's total ending Inventory balance be? $184750 $184575 $192150 $184350 Click if you would like to Show Work for this question: Open Show Work
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