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Waterway Video Center accumulates the following cost and net realizable data at December 31. Inventory...

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Accounting

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Waterway Video Center accumulates the following cost and net realizable data at December 31. Inventory Categories Cost Data Net Realizable Value Data Cameras $12,200 $12.700 Camcorders 9.200 9.300 Blu-ray players 13,100 12,000 Compute the lower-of-cost-or-net realizable value valuation for the company's total inventory. The lower-of-cost-or-net realizable value $ e Textbook and Media Question 2 of 7 Sheridan Department Store uses a perpetual inventory system. Data for product E2 D2 include the following purchase Date Number of Units Unit Cost May 7 60 $12 July 28 30 16 On June 1, Sheridan sold 26 units, and on August 27, 44 more units. Prepare the perpetual inventory schedule for the above transactions using FIFO. Date Purchases Product E2-D2 Cost of Goods Sold May 7 Balance June 1 $ July 28 $ $ A22 Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Cost of Goods Sold Date Purchases Balance May 7 June 1 $ July 28 $ Aug. 27 $ e Textbook and Media Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ $ June 1 $ $ July 28 $ $ $ Aug. 27 $ $ Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ $ June 1 $ $ $ July 28 $ $ $ Aug. 27 $ $ $

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