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Exercise 9- Your answer is incorrect. Try again Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis Estimated
Exercise 9- Your answer is incorrect. Try again Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis Estimated Cost per Cost of Completion and Disposal Item No. Quantity Unit Replace 13201,500 $3.3!9 13331,200 1426 1,100 1437 1,300 15101,000 1522 15733,300 1626 1,300 Cost to Selling Normal Price 2.86 4.77 3.82 2.39 3.18 1.91 4.98 $3.18 2.44 3.92 3.29 2.12 2.86 1.70 5.51 $4.77 3.71 5.30 3.39 3.45 4.03 2.65 6.36 $0.37 0.53 0.42 0.27 0.85 0.42 0.80 0.53 Profit $1.33 0.53 1.06 0.95 0.64 0.53 0.53 1.06 800 From the information above, determine the amount of Bonita Company inventory The amount of Bonita Company's inventory 33896 Click if you would like to Show Work for this question: Open Show Work
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