Compute the LCNRV Valuation for Gantner Company's Total Inventory Based

Essay

Compute the LCNRV valuation for Gantner Company's total inventory based on the following: $\begin{array}{rrr}\text { Inventory Categories}&\text { Cost Data }&\text { NRV }\\\hline\mathrm{A} & \$ 18,000 & \$ 16,900 \\\mathrm{~B} & 13,900 & 14,600 \\\mathrm{C} & 21,000 & 20,500\end{array}$