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Bramble Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. From the information below, determine the amount of Bramble Company
Bramble Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
From the information below, determine the amount of Bramble Company inventory. _______
Item No. | Quantity | Cost per Unit | Estimated Selling Price | Cost to Complete and Sell | ||||
---|---|---|---|---|---|---|---|---|
1320 | 1,800 | $3.65 | $5.13 | $1.82 | ||||
1333 | 1,500 | 3.08 | 3.88 | 1.14 | ||||
1426 | 1,400 | 5.13 | 5.70 | 1.60 | ||||
1437 | 1,600 | 4.10 | 3.65 | 1.54 | ||||
1510 | 1,300 | 2.57 | 3.71 | 1.60 | ||||
1522 | 1,100 | 3.42 | 4.45 | 0.91 | ||||
1573 | 3,600 | 2.05 | 2.85 | 1.37 | ||||
1626 | 1,600 | 5.36 | 6.84 | 1.71 |
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