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E9.3B (LO 1) (LCNRV) Sunshine Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Cost to Estimated Cost of Completion

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E9.3B (LO 1) (LCNRV) Sunshine Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Cost to Estimated Cost of Completion and Quantity Normal per Unit Replace Selling Price Disposal 1,200 Profit Se 10 $8.00 $9.00 $0.35 600 $0.90 6.00 5.60 6.00 200 0.50 5.00 7.00 0.40 1.00 7.50 8.00 0.50 0.90 1,000 2.00 0.65 500 4.00 5.00 0.40 2,000 700 2.80 300 Instructions From the information above, (1) determine the amount of Sunshine Company inventory using the LCNRV method. (2) determine the amount of Sunshine Company inventory using the LCM method

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