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please explain works, thank you, please explain the market value. 0/1 II! Question 4 of 6 View Policies Show Attempt History Current Attempt in Progress

please explain works, thank you, please explain the market value. image text in transcribed
0/1 II! Question 4 of 6 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Whispering Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Normal Profit Cost of Completion and Disposal $0.39 0.56 0.44 Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Quantity 1,800 1.500 1,400 1,600 1,300 1.100 3,600 1,600 Unit $3.55 3.00 5.00 4.00 2.50 3.33 2.00 5.22 Cost to Replace $3.33 2.55 4.11 3.44 2.22 3.00 1.78 5.77 Estimated Selling Price $5.00 3.89 5.55 3.55 3.61 4.22 2.78 6.66 0.28 0.89 0.44 0.83 0.56 $1.39 0.56 1.11 1.00 0.67 0.56 0.56 1.11 From the information above, determine the amount of Whispering Company inventory. $ 43203 The amount of Whispering Company's inventory e Textbook and Media Attempts: 1 of 4 used Submit Answer Save for Later

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