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Scotr sporting stores inc resocted the following cost and netrealizable value information for inventory at...

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Accounting

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Scotr sporting stores inc resocted the following cost and netrealizable value information for inventory at Deceember it. Calculate the endeng inventory balance for skates and nunning shoer ising we lower of cost and net real abble yalue for cach item. Ending inventory bilance 9 Calculate the ending inventory bslance for shates and running shoes usirg the hostonical unit couts provided. Enong inventory batance Sompare the difference in the ending inventory amounts. Which ameunt provides a moce faithrul representatuon of the inventory value? th inethod prowdes a more fiechtir representation of the inventory value

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