Question: Current Attempt in Progress Coronado Company uses the LCNRV method, on an individual-itern basis, in pricing its inventory items. The inventory at December 31, 2020,

 Current Attempt in Progress Coronado Company uses the LCNRV method, on

Current Attempt in Progress Coronado Company uses the LCNRV method, on an individual-itern basis, in pricing its inventory items. The inventory at December 31, 2020, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. Item E Estimated selling price Cost Cost to complete Selling costs Item D $136 85 34 11 $124 90 34 20 Item F $107 90 28 11 Item G $102 90 40 23 Item H $124 57 34 11 Item 1 $102 41 34 23 Using the LCNRV rule determine the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items above. Item D Item E $ $ Item F Item G $ ItemH $ Item 1 TA e Textbook and Media Attempts:0 of 3 used

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