Sparks Furniture Company carries three lines of sofas. Information about the sofa inventory as of the end of its most recent fiscal year follows. If LCM/NRV is applied to each separate product line, what is the amount of the adjustment that must be made to the company's inventory?

($25,500)

Explanation:

Product Line

Cost per Unit

Market Value per Unit

Quantity

Rustic

$700

$725

190

Mediterranean

600

605

300

Contemporary

950

820

275

($25,500) as the adjustment that must be made to the company's inventory

answer; specific performance;

odd consecutive integers are odd integers that follow each other. they have a difference of 2 between every two numbers. if n is an odd integer, then n, n+2, n+4 and n+6 will be odd consecutive integers. the first number in the pattern is always the variable on its own or in this case, "n". examples.