Inventory WriteDown
The following information is taken from Aden Company's records:
Product Group Units CostUnit MarketUnit
A $ $
B
C
D
E
Required:
What is the correct inventory value if the company applies the LCNRV rule to each of the following? If required, round your answers to the nearest cent.
Individual items
Product A $fill in the blank
Product B fill in the blank
Product C fill in the blank
Product D fill in the blank
Product E fill in the blank
Total inventory value $fill in the blank
Groups of items
Group $fill in the blank
Group fill in the blank
Group fill in the blank
Total inventory value $fill in the blank
The inventory as a whole
Total inventory value $fill in the blank
Check My Work more Check My Work uses remaining.
