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The December 31, 2016 inventory of Bedford Corporation consisted of four different products. Information relating to those products is provided, as follows: Replacement Estimated Expected

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The December 31, 2016 inventory of Bedford Corporation consisted of four different products. Information relating to those products is provided, as follows: Replacement Estimated Expected Normal Profit Product Original Cost Cost Cost to Complete Selling Price .on Sales $28.00 $22.00 A4H $15.00 S40.00 17% S43.00 $40.00 $8.00 YY6 $48.00 24% $130.00 3BN $20.00 S125.00 $190.00 33% S20.00 $9.00 $28.00 V77 $15.80 24% Records show that there are 10 units of Product A4H, 5 units of Product YY6, 15 units of Product 3BN, and 10 units of Product V77 in Bedford's inventory at December 31, 2016. Required (show all calculations): Using the lower of cost and net realizable value approach, calculate the inventory value (in total)

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