Question: View Policies Current Attempt in Progress Metlock Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December

 View Policies Current Attempt in Progress Metlock Camera Shop uses the

View Policies Current Attempt in Progress Metlock Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Item Units Unit Cost Net Realizable Value Cameras 8 W 155,800 Minolta Canon Light Meters #173,000 148,400 6 152,800 Vivitar 12 125,400 115.000 Kodak 14 115,000 134,100 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory e Textbook and Media Save for Later Attempts: 0 of 3 used Submit

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