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Compute the lower-of-cost-or-net realizable value

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Reference no: EM131876165

Brief Exercise

Wildhorse Appliance Center accumulates the following cost and net realizable value data at December 31.

Inventory Categories Cost data Net realizable value data

Cameras

£12,810

£12,920

camcorders

10,059

9,524

Blu-ray players

10,949

13,660

Compute the lower-of-cost-or-net realizable value valuation for the company's total inventory.

Reference no: EM131876165

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