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Carla Corporation has the following four items in its ending inventory. Question 1 Carla...

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Accounting

imageimageCarla Corporation has the following four items in its ending inventory.

Question 1 Carla Corporation has the following four items in its ending inventory. Net Realizable Value (NRV) Item Jokers Penguins Riddlers Scarecrows 4,544 Cost $2,840 7,100 6,248 $2,982 7,029 6,568 5,439 Determine the following the LCNRV for each item Item LCNRV Jokers Penguins Riddlers Scarecrows (1) Determine the amount of write-down, if any, using an item-by-item LCNRV evaluation. (If no write-down, enter O for the amounts.) Item Write-down

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