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Business, 20.12.2019 19:31 royalty67

Nash company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. item no. quantity cost per unit cost to replace estimated selling price cost of completion and disposal normal profit 1320 1,300 $3.26 $3.06 $4.59 $0.36 $1.28 1333 1,000 2.75 2.35 3.57 0.51 0.51 1426 900 4.59 3.77 5.10 0.41 1.02 1437 1,100 3.67 3.16 3.26 0.26 0.92 1510 800 2.30 2.04 3.32 0.82 0.61 1522 600 3.06 2.75 3.88 0.41 0.51 1573 3,100 1.84 1.63 2.55 0.77 0.51 1626 1,100 4.79 5.30 6.12 0.51 1.02 from the information above, determine the amount of nash company inventory.

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