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E6-3B. Year-End Physical Inventory The December 31, inventory for the Simmons Company included five LO1 products. The year-end physical count revealed the following quantities on

E6-3B. Year-End Physical Inventory The December 31, inventory for the Simmons Company included five LO1 products. The year-end physical count revealed the following quantities on hand: Product Quantity Available 40 42 60 50 The related unit costs K, $7: L, $10; M. $9: N, $5; and P, $4. Required Calculate the total cost of the December 31, physical inventory

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