Year-End Physical Inventory The December 31, inventory for the Simmons Company included five products. The year end physical count revealed the following quantities on hand:

Product	Quantity Available
K	42
L	38
M	62
N	54
P	57

The related unit costs:

K	$9
L	12
M	10
N	7
P	5

Required Calculate the total cost of the December 31, physical inventory.

Physical Inventory $Answer