The controller of Scheller Company is applying the lower-of-cost-or-net realizable value basis of valuing its ending inventory. The following information is available: 
Instructions
Compute the value of the ending inventory by applying the lower-of-cost-or-net realizable value basis.
Definitions:
Caloric Intake
The total amount of calories consumed through food and drink within a specific time period, crucial for energy balance and weight management.
Nutritional Needs
The essential nutrients required by the body for growth, development, maintenance of normal body functions, and overall health.
Food Portions
The amounts or sizes of individual servings of food, important for dietary control and nutrition.
Unhealthy Foods
Foods that are high in harmful nutrients like added sugar and trans fats, often leading to negative health effects.
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