1.The Claremont Companys ending inventory is composed of 50 units that had cost $40 each and 100 units that had cost $35 each. If the company can replace all 150 units at a price of $36 each, what value should be assigned to the companys ending inventory assuming that it applies LCM?

2.The McQuenny Companys ending inventory is composed of 100 units that had an acquisition cost of $49 per unit and 50 units that had an acquisition cost of $54 per unit. If the company can replace all 150 units at a replacement cost of $51 per unit, what value should be assigned to the companys ending inventory assuming that it applies the LCM method?

this is the second time posting these and the first time the answers were incorrect