27. Accounts Receivable Aging Analysis, Cost Allocation, and Inventory Valuation (Specific Identification Method):

PQR Enterprises' accounts receivable aging schedule shows the following:

Age of Receivable	Amount ($)
0-30 days	250,000
31-60 days	120,000
61-90 days	80,000
Over 90 days	40,000

Analyze the accounts receivable aging schedule. Additionally, allocate $300,000 of indirect costs between three production departments based on the proportion of costs incurred. Lastly, PQR Enterprises uses the Specific Identification method for inventory valuation. The company purchased 1,000 units of Product A at $8 per unit, 800 units of Product B at $10 per unit, and 500 units of Product C at $12 per unit during the year. Calculate the total value of inventory using the Specific Identification method.