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Wilderness Condiments Co. has the following ending inventory information on December 31. (total amount) Ketchup Mustard Mayonnaise Selling and $1,800 $2,200 $2,900 transportation costs Selling
Wilderness Condiments Co. has the following ending inventory information on December 31. (total amount) Ketchup Mustard Mayonnaise Selling and $1,800 $2,200 $2,900 transportation costs Selling price $24,400 $17,500 $30,200 Historical cost $20,600 $16,200 $28,100 Replacement cost $25,700 $16,400 $24,900 Assume that "normal profit is 20% of the selling price. What is the total LCM inventory balance at the individual-item level as of December 31? In the answer field, please put your answer in bold font and
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