Q4

Q4. The December 31, 2016 inventory of ABC Company consisted of four products, for which certain information is provided below. Estimated Expected Product Original Cost Completion Cost Selling Price A SAR25 SARIO SAR40 B SAR42 SAR20 SAR58 SAR120 SAR40 SAR150 D SARIS SARS SAR26 Using the lower-of-cost-or-net realizable value approach applied on an individual-item basis, compute the inventory valuation that should be reported for each product on December 31, 2016