Calculate the ending inventory balance for hockey sticks and helmets using the lower of cost and bet realizable value for each item. (Bauer, Ccm, Warrior, Adidas, Nike, Mission and the total) Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost and net realizable value information for inventory at December 31: Item Units Unit Cost Unit NRV Hockey sticks: \ table[[Bauer, 24, $94, $199 Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost and net realizable value information for inventory at December 31: Item Hockey sticks: Units Unit Cost Unit NRV Bauer 24 $94 $199 CCM 14 $199 $149 Warrior 58 $249 $249 Helmets: Adidas 12 $189 $124 Nike 11 $174 $174 Mission 26 $74 $199

Calculate the ending inventory balance for hockey sticks and helmets using the lower of cost and bet realizable value for each item. (Bauer, Ccm, Warrior, Adidas, Nike, Mission and the total) Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost and net realizable value information for inventory at December 31: Item Units Unit Cost Unit NRV Hockey sticks: \ table[[Bauer, 24, $94, $199 Ivanhoe Hockey Inc. has the largest selection of hockey equipment of any retailer in the city in which it operates. Ivanhoe reported the following cost and net realizable value information for inventory at December 31: Item Hockey sticks: Units Unit Cost Unit NRV Bauer 24 $94 $199 CCM 14 $199 $149 Warrior 58 $249 $249 Helmets: Adidas 12 $189 $124 Nike 11 $174 $174 Mission 26 $74 $199

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Description: i need the answer quickly Calculate the ending inventory balance for hockey sticks and helmets using the lower of costand bet realizable value for each item. (Bauer, Ccm, Warrior, Adidas, Nike, Mission and thetotal) Ivanhoe Hockey Inc. has the larges

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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