Question: What is the ending inventory ? Current Attempt in Progress Novak Corp. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are

What is the ending inventory ?

Current Attempt in Progress Novak Corp. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31. Net Realizable Unit Cost Value Item Units Cameras: $180 $162 Minolta Canon 11 150 185 Light meters: Vivitar 13 137 103 Kodak 19 119 132 Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. $ The ending inventory

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