Question: View Policies Current Attempt in Progress Presented below is selected information related to Sweet Acacia Electronics' inventory. (per unit) Historical cost Selling price Cost to

 View Policies Current Attempt in Progress Presented below is selected information

View Policies Current Attempt in Progress Presented below is selected information related to Sweet Acacia Electronics' inventory. (per unit) Historical cost Selling price Cost to sell Cost to complete HDTV. 50" $395 507 29 HDTV. 42 $282 309 14 TV Stand $56 74 2 49 23 Determine the following: (a) the net realizable value for each item and (b) the carrying value of each item under LCNRV (a) NRV (b) LCNRV HDTV-50 HDTV.42 TV Stand

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