Departures from Acquisition Cost Determine the proper total inventory value for each of the following items in Viking Company's ending inventory: a. Viking has 1140 video games in stock. The games cost $68 each, but their year-end replacement cost is $57. Viking has been selling the games for $114, but competitors are now selling them for $95. Viking plans to drop its price to $95. Viking's normal gross profit on video games is 40%. b. Viking has 570 rolls of camera film that are past the expiration date marked on the film's box. The films cost $3.14 each and are normally sold for $6.27. New replacement films still cost $3.14. To clear out these old films, Viking will drop their selling price to $2.70. There are no related selling costs. c. Viking has 10 cameras in stock that have been used as demonstration models. The cameras cost $342 and normally sell for $532. Because these cameras are in used condition, Viking has set the selling price at $304 each. Expected selling costs are $19 per camera. New models of the camera (on order) will cost Vikings $380 and will be priced to sell at $608. a. $ b. $ E. $ dle 35,280 * 649.8 * 2,890 *

Departures from Acquisition Cost Determine the proper fotat inventory value for each of the following itens in Vising Companys ending inventory? to drop its price to $95, Viking's normal gross profit on video games is 40 th. old films, Viking will drop their seling price to $2.70. Thete are no related selling costs