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Blue 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
Blue 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 | 1,800 | $3.90 | $5.49 | $1.95 | ||||
1333 | 1,500 | 3.29 | 4.15 | 1.22 | ||||
1426 | 1,400 | 5.49 | 6.10 | 1.71 | ||||
1437 | 1,600 | 4.39 | 3.90 | 1.65 | ||||
1510 | 1,300 | 2.75 | 3.97 | 1.71 | ||||
1522 | 1,100 | 3.66 | 4.76 | 0.98 | ||||
1573 | 3,600 | 2.20 | 3.05 | 1.46 | ||||
1626 | 1,600 | 5.73 | 7.32 | 1.83 |
From the information above, determine the amount of Blue Company inventory.
The amount of Blue Companys inventory | $enter The amount of Blue Companys inventory in dollars |
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