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Question 3 View Policies Current Attempt in Progress Presented below is information related to Monty...

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Question 3 View Policies Current Attempt in Progress Presented below is information related to Monty Inc.'s inventory. (per unit) Historical cost Selling price Cost to sell Cost to complete Skis Boots Parkas $199.50 $111.30 $55.65 222.60 152.25 77.44 19.95 8.40 2.63 33.60 30.45 22.31 Determine the following: the net realizable value for each item, and the carrying value of each item under LCNRV. Item Cost NRV LCNRV Skis $ Boots Parkas

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