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Blossom Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item No. Cost per Unit Cost to Replace $3.69
Blossom Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item No. Cost per Unit Cost to Replace $3.69 Cost of Completion and Disposal $0.43 Normal Profit Quantity 1,600 Estimated Selling Price $5.54 4.31 1320 $3.94 $1.54 1333 1,300 3.32 2.83 0.62 0.62 1426 1,200 5.54 4.55 6.15 0.49 1.23 1437 1,400 4.43 3.81 3.94 0.31 1.11 1510 1,100 2.77 2.46 4.00 0.98 0.74 1522 900 3.69 3.32 4.67 0.49 0.62 1573 3,400 2.21 1.97 3.08 0.92 0.62 1626 1,400 5.78 6.40 7.38 0.62 1.23 From the information above, determine the amount of Blossom Company inventory. The amount of Blossom Company's inventory $
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