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Whitman Corporation sells six different products. The following information's available on December 31: Inventory Item Units Cost per unit Net Realizable Value Estimated lay Pics

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Whitman Corporation sells six different products. The following information's available on December 31: Inventory Item Units Cost per unit Net Realizable Value Estimated lay Pics per mit Tin Titanium Stainless Steel Aluminum 60 20 80 5.100 1.983 $ 500 5,000 2,000 350 400 300 $ 505 4,950 1,910 283 410 193 80 40 310 Iron Fiberglass 40 When applying the lower-of-cost-or-net-realizable-value rule to each item wat wel Whitman's total ending inventory balance be? 1) $346,000 2) $332,400 48 3) $333,100 4) $332,800 nints)

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