How much is ending inventory

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Reference no: EM133096077

Question - The following data refer to Spicer Company's ending inventory:

Item Size

Quantity

Unit Cost

Unit NRV

Small

50

$130

$138

Medium

75

$185

$183

Large

60

$162

$168

Extra-Large

30

$200

$193

Required - How much is ending inventory if the lower of cost or net realizable value rule is applied to the total inventory?

Reference no: EM133096077

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