Current Attempt in Progress Crane Company just took its physical inventory on December 31. The count of inventory items on hand at the company's business locations resulted in a total inventory cost of $287.400. In reviewing the details of the count and related inventory transactiors, you have discovered the following items that had not been considered Crane has sent inventory costing $29.370 on consignment to Richteld Company. All of this inventory was at Richfield's showrooms on December 31. The comparw did not include in the count inventory cost. $20.580) that was sold on December 28, terms FOB shipping point. The goods were in transit on December 31 The company did not include in the count inventory (cost, $12.240) that was purchased with terms of FOB shipping point, The goods were in transit on December 31 1 2 3 Compute the correct December 31 inventory Correct December 31 inventory $ Current Attempt in Progress The accounting records of Bonita Industries show the following data Beginning inventory 2,000 unitats Purchases 9,000 units at $7 Sales 10,00 units at $10 (a) Calculate average unit cost. (Round answer to 3 decimal places, ca. 5.125) per unit Avere unit cost Current Attempt in Progress Concord Corporation sells three different categories of tools (small, medium and large). The cost and net realizable value of its inventory of tools are as follows. Cost Net Realizable Value Small $ 58,660 $57,300 Medium 268.070 252,010 Large 149,200 182,290 Determine the value of the company's inventory under the lower-of-cost-or-net realizable value approach The total inventory value