The McQuenny Company's ending inventory is composed of 100 units that had an acquisition cost of ($

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The McQuenny Company's ending inventory is composed of 100 units that had an acquisition cost of \(\$ 25\) per unit and 50 units that had an acquisition cost of \(\$ 30\) per unit. If 150 units have an NRV of \(\$ 27\) per unit, what value should be assigned to the company's ending inventory assuming that it applies the lower-of-cost-or-net realizable value method on an individual item basis?

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