Using the information below for a sporting goods store, calculate the amount of inventory adjustment using the Lower of Cost or Net Realizable value method applied to the inventory on a major category basis:
A) $ 450
B) $ 825
C) $1,275
D) $ 800

Question

Using the information below for a sporting goods store, calculate the amount of inventory adjustment using the Lower of Cost or Net Realizable value method applied to the inventory on a major category basis: 
A) $ 450 
B) $ 825 
C) $1,275 
D) $ 800

Quizplus · Accepted Answer

The Answer of Using the information below for a sporting goods store, calculate the amount of inventory adjustment using the Lower of Cost or Net Realizable value method applied to the inventory on a major category basis: 
A) $ 450 
B) $ 825 
C) $1,275 
D) $ 800

Using the Information Below for a Sporting Goods Store, Calculate