Question: Using the information below, determine the ending inventory value applying the lower of cost and net realizable value. Inventory Item Cutlets Chops Shanks Net Realizable

Using the information below, determine the ending inventory value applying the lower of cost and net realizable value. Inventory Item Cutlets Chops Shanks Net Realizable Quantity Cost Value 200 $12 $14 400 $16 300 $15 $12 $14 Multiple Choice $13.300. $12,000 $11,600

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