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Sweet Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. From the information above, determine the amount of Sweet
Sweet Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
From the information above, determine the amount of Sweet Company inventory.
The amount of Sweet Company's inventory=?
Sweet Company follows the practice of pricing its inventory at the lower—of—cost—or—market, on an individual—item basis. Cost Estimated Cost of Item per Cost to Selling Completion NormalNo. Quantity Unit Replace Price and Disposal Profit m 1,300 $3 74 $3.51 $5 27 $0 41 $1 461333 1,000 3 16 2.69 4 10 0 59 0 591426 900 5 27 4.33 5 85 0 47 1 171437 1,100 4 21 3.63 3 74 0 29 1 051510 800 2 63 2.34 3 80 0 94 0 701522 600 3 51 3.16 4 45 0 47 0 591573 3,100 2.11 1.87 2.93 0.88 0.591626 1,100 5.50 6.08 7.02 0.59 1.17 From the information above, determine the amount of Sweet Company inventory. inThe amount of Sweet Company's inventory 33175$Step by Step Solution
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