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Exercise 9-07 Nash Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost Estimated Cost of Item per Cost
Exercise 9-07 Nash Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost Estimated Cost of Item per Cost to Selling Completion Normal No. Quantity Unit Replace Price and Disposal Profit 1320 1,300 $3.26 $3.06 $4.59 $0.36 $1.28 1333 1,000 2.75 2.35 3.57 0.51 0.51 1426 900 4.59 3.77 5.10 0.41 1.02 1437 1,100 3.67 3.16 3.26 0.26 0.92 1510 800 2.30 2.04 3.32 0.8T 0.61 1522 600 3.06 2.75 3.88 0.41 0.51 1573 3,100 1.84 1.63 2.55 0.77 0.51 1626 1,100 4.79 5.30 6.12 0.51 1.02 From the information above, determine the amount of Nash Company inventory. The amount of Nash Company's inventory $
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