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Loftus Exercise 4.10 The following information relates to the inventories on hand at 30 June 2020 held by Canberra Ltd. Cost of completion and disposal

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Loftus Exercise 4.10 The following information relates to the inventories on hand at 30 June 2020 held by Canberra Ltd. Cost of completion and disposal 0.45 Item no. A1458 A1965 B6730 D0943 G8123 W2167 Quantity 560 854 790 96 165 1,609 Cost per unit $ 2.10 3.50 6.88 1.20 3.47 5.92 Estimated Cost to replace selling price $ 2.38 3.62 3.09 3.60 7.16 10.00 1.14 1.00 3.27 5.50 5.96 8.15 0.60 0.98 0.12 0.62 0.36 Calculate the value of inventories on hand at 30 June 2020. (Enter your answer to the nearest cent.) Total inventories on hand at 30 June 2020 $ Show Work is REQUIRED for this question: Open Show Work

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