Pharoah Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

From the information above, determine the amount of Pharoah Company inventory.

The amount of Pharoah Company's inventory=?

Exercise 9B-3Pharoah Company follows the practice of pricing its inventory at LCNRV, on an individual—item basis. Cost Estimated Cost to CompleteItem No. Quantity per Unit Selling Price and Sell1320 1,600 $3.58 $5.04 $1.791333 1,300 3.02 3.81 1.121426 1,200 5.04 5.60 1.571437 1,400 4.03 3.58 1.511510 1,100 2.52 3.64 1.571522 900 3.36 4.37 0.901573 3,400 2.02 2.80 1.341626 1,400 5.26 6.72 1.68 From the information above, determine the amount of Pharoah Company inventory. The amount of Pharoah Company's inventory $