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Inventory Write-Down The following information for Tuell Company is available: Case 1 2 3 4 5 $5.00 $5.00 $5.00 $5.00 $5.00 5.20 5.50 4.90 4.30

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Inventory Write-Down The following information for Tuell Company is available: Case 1 2 3 4 5 $5.00 $5.00 $5.00 $5.00 $5.00 5.20 5.50 4.90 4.30 4.70 Cost Net realizable value Net realizable value less normal profit Replacement cost 4.90 4.80 4.00 4.60 5.40 5.30 5.30 4.60 4.15 4.80 equired: . Assume Tell uses the UFO cost flow assumption. What is the correct inventory value in each of the preceding situations under U.S. GAAP? If required, round your answers to the nearest cent. - Inventory value 1 $ 5 2 $ 3 $ 5 4.15 5 2. Assume Tulles the everage conventory cost flow motion What is the correct inventory value in each of the prending situations under 1.5. GADSIrequired, round your answers to the nearest cent. Laventory value 1 3 $ $ $ 1. Asume that tells the average cost inventary cost wantion. What is the correct inventary value in each of the preceding station to see Srired, round your answers to the nearest cent. Inventory value Case 1 5 2 5 3 4 . 5 5 5

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