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Vaughn Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost per Unit Estimated Selling Price Cost
Vaughn Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
Item No. | Quantity | Cost per Unit | Estimated Selling Price | Cost to Complete and Sell | ||||
1320 | 1,400 | $3.78 | $5.31 | $1.89 | ||||
1333 | 1,100 | 3.19 | 4.01 | 1.18 | ||||
1426 | 1,000 | 5.31 | 5.90 | 1.65 | ||||
1437 | 1,200 | 4.25 | 3.78 | 1.59 | ||||
1510 | 900 | 2.66 | 3.84 | 1.65 | ||||
1522 | 700 | 3.54 | 4.60 | 0.94 | ||||
1573 | 3,200 | 2.12 | 2.95 | 1.42 | ||||
1626 | 1,200 | 5.55 | 7.08 | 1.77 |
From the information above, determine the amount of Vaughn Company inventory.
The amount of Vaughn Companys inventory | $ |
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