Tascon Corporation sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2022. 

Instructions 

Calculate Tascon’s inventory by applying the lower-of-cost-or-net realizable value basis.

Transcribed Image Text:

Net Realizable Value Coffee Bean Coffea arabica Coffea robusta Unit Cost $5.60 3.40 Units 13,000 bags 5,000 bags $5.55 3.50