Question: View Policies Current Attempt in Progress Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Units

 View Policies Current Attempt in Progress Scott's Sporting Stores Inc. reported

the following cost and net realizable value information for inventory at December

View Policies Current Attempt in Progress Scott's Sporting Stores Inc. reported the following cost and net realizable value information for inventory at December 31: Units Unit Cost Unit NRV Product Item Skates: Bauer $265 $411 $406 $343 CCM Running shoes: Adidas in o $117 $116 $117 $109 Nike Calculate the ending inventory balance for skates and running shoes using the lower of cost and net realizable value for each item. $ Ending inventory balance Calculate the ending inventory balance for skates and running shoes using the historical unit costs provided. $ Ending inventory balance e Textbook and Media Compare the difference in the ending inventory amounts. Which amount provides a more faithful representation of the inventory value? method provides a more faithful representation of the inventory value. The

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