Question: Exercise 9.7 x Your answer is incorrect. Try again Whispering Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item
Exercise 9.7 x Your answer is incorrect. Try again Whispering Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item basis. Cost per Unit $3.87 3.27 Cost of Completion and Disposal Cost to Replace $3.63 2.78 4.48 Estimated Selling Price $5.45 4.24 6.05 Normal Profit $1.51 0.61 $0.42 0.61 5.45 Item No. 1320 1333 1425 1437 1510 1522 1573 1626 Quantity 1,500 1,200 1.100 1,300 1.000 300 3,300 1,300 4.36 3.75 0.30 109 2.72 0.97 0.73 0.51 3.63 2.18 5.69 327 1.94 3.03 0.48 0.91 0.61 51 6.29 7.26 From the information above, determine the amount of Whispering Company inventory The amount of Whispering Company's inventory 37473
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