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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

1,900 $3.68 $5.18 $1.84

1333

1,600 3.11 3.91 1.15

1426

1,500 5.18 5.75 1.61

1437

1,700 4.14 3.68 1.55

1510

1,400 2.59 3.74 1.61

1522

1,200 3.45 4.49 0.92

1573

3,700 2.07 2.88 1.38

1626

1,700 5.41 6.90 1.73

From the information above, determine the amount of Vaughn Company inventory.

The amount of Vaughn Companys inventory $enter The amount of Vaughn Companys inventory in dollars

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