Departures from Acquisition Cost Determine the proper total inventory value for each of the following items in Packer Companys ending inventory:

Packer has 60 model X3 cameras in stock. The cameras cost $180 each, but their year-end replacement cost is only $160. Packer has been selling the cameras for $230, but competitors are now selling them for $190. Packer plans to match the selling price at $190. Packers normal gross profit on cameras is 35 percent.

Packer has 550 rolls of film that are past the expiration date since film is now a slow moving item. The film cost $4.00 each and normally sells for $6.00. New replacement film still costs $4.00. Packer has put the expired film on clearance and is selling it for $3.00 per roll. There are no related selling costs.

Packer has four computers in stock that have been used as demonstration models. These computers cost $420 and normally sell for $570. Because they are used, Packer is selling them for $370 each. Expected selling costs are $20 per computer. New models of the computer (on order Z) will cost Packer $440 and will be priced to sell at $610.