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please help! Nash Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item Cost per Unit Normal Cost to
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Nash Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item Cost per Unit Normal Cost to Replace Quantity Estimated Selling Price Cost of Completion and Disposal No. Profit 1320 1,300 $3.26 $3.06 $4.59 $0.36 1333 1,000 2.75 2.35 3.57 0.51 1426 900 4.59 3.77 5.10 0.41 1437 1.100 3.67 3.16 3.26 0.26 1510 800 2.30 2.04 332 0.82 1522 600 3.06 2.75 3.88 0.41 1573 3,100 1.84 1.63 2.55 0.77 1626 1.100 4.79 5.30 6.12 0.51 From the information above, determine the amount of Nash Company inventory. The amount of Nash Company's inventory $ $1.28 0.51 1.02 0.92 0.61 0.51 0.51 1.02 Step by Step Solution
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