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Exercise 6-13 Calculate inventory using lower of cost and net realizable value (LO6-6) The following...

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Exercise 6-13 Calculate inventory using lower of cost and net realizable value (LO6-6) The following information applies to the questions displayed below.] Home Furnishings reports inventory using the lower of cost and net realizable value (NRV) method. Below is information related to its year-end inventory. Inventory Quantity Cost $92 470 NRV $ 107 335 Furniture 270 57 References Section Break Exercise 6-13 Calculate inventory using lower of cost and net realizable value (LO6-6) Required information 1.00 points Exercise 6-13 Part 1 Required 1. Calculate ending inventory using lower of cost and net realizable value Ending r of Cost and NRV Quantity Furniture Electronics

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