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Headland Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item Number Quantity Cost per Unit Estimated selling Price Cost
Headland Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
Item Number | Quantity | Cost per Unit | Estimated selling Price | Cost to Complete and sell |
1320 | 2000 | 3.71 | 5.22 | 1.86 |
1333 | 1700 | 3.13 | 3.94 | 1.16 |
1426 | 1600 | 5.22 | 5.80 | 1.62 |
1437 | 1800 | 4.18 | 3.71 | 1.57 |
1510 | 1500 | 2.61 | 3.77 | 1.62 |
1522 | 1300 | 3.48 | 4.52 | 0.93 |
1573 | 3800 | 2.09 | 2.90 | 1.39 |
1626 | 1800 | 5.45 | 6.96 | 1.74 |
From the information above, determine the amount of Headland Company inventory.
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