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Blossom Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost per Unit Estimated Selling Price Cost
Blossom Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
Item No. | Quantity | Cost per Unit | Estimated Selling Price | Cost to Complete and Sell | ||||
1320 | 1,700 | $3.36 | $4.73 | $1.68 | ||||
1333 | 1,400 | 2.84 | 3.57 | 1.05 | ||||
1426 | 1,300 | 4.73 | 5.25 | 1.47 | ||||
1437 | 1,500 | 3.78 | 3.36 | 1.42 | ||||
1510 | 1,200 | 2.36 | 3.41 | 1.47 | ||||
1522 | 1,000 | 3.15 | 4.10 | 0.84 | ||||
1573 | 3,500 | 1.89 | 2.63 | 1.26 | ||||
1626 | 1,500 | 4.94 | 6.30 | 1.58 |
From the information above, determine the amount of Blossom Company inventory.
The amount of Blossom Companys inventory | $ |
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