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Description Category Cost Market Type 1.1 Type 1 $275 $473 Type 1.2 Type 1 $128 $217 Total Type 1 $403 $690 Type 2.1 Type 2
Description Category Cost Market Type 1.1 Type 1 $275 $473 Type 1.2 Type 1 $128 $217 Total Type 1 $403 $690 Type 2.1 Type 2 $922 $742 Type 2.2 Type 2 $280 $514 Total Type 2 $1,202 $1,256 Type 3.1 Type 3 $828 $438 Type 3.2 Type 3 $66 $452 Total Type 3 $894 $890 Grand Total $2,499 $2,836 Using the above information, under LCNRV, assume the company applies the rule based on the total cost of the inventory of category. What is the amount of total inventory? Select one: a. $2,495 b. $2,836 c. $2,499 d. $1,929
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