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10. (12 points) The following information for five products (A-E) was taken from the inventory records of the Walter Corporation who use the FIFO
10. (12 points) The following information for five products (A-E) was taken from the inventory records of the Walter Corporation who use the FIFO method: Product 1200 vinu A B # of Units 00.82 175 200 Cod 250 2015 1617D E 200 300 005 Unit cost 05.82 $5.50 $10.00 $5.10 $5.10 $5.00 000 Replacement cost per unit $6.00 $9.00 $4.60 $4.50 $4.50 Net realizable value (NRV) per $5.20 $12.50 $7.00 $7.00 $7.00 001 unit 008 NRV-Normal profit per unit $4.80 $10.30 $5.25 $4.00 $4.80 Required: Determine the valuation of the inventory at the lower of cost or market applied to: a. individual items the inventory as a whole d bns 2906 21200 in 190 ) vs-givo
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