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Question 3 View Policies Current Attempt in Progress Blossom Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated
Question 3 View Policies Current Attempt in Progress Blossom Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Selling Price Item No. Quantity Cost per Unit Cost of Completion and Disposal Cost to Replace Normal Profit 1320 1,600 $3.94 $3.69 $5.54 $0.43 $1.54 1333 1,300 3.32 2.83 4.31 0.62 0.62 1426 1,200 5.54 4.55 6.15 0.49 1.23 1437 1,400 4.43 3.81 3.94 0.31 1.11 1510 1,100 2.77 2.46 4.00 0.98 0.74 1522 900 3.69 3.32 4.67 0.49 0.62 1573 3,400 2.21 1.97 3.08 0.92 0.62 1626 1,400 5.78 6.40 7.38 0.62 1.23 From the information above, determine the amount of Blossom Company inventory. The amount of Blossom Company's inventory $
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