Household City conducted a physical inventory at December 31. The items counted during the physical inventory...

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Household City conducted a physical inventory at December 31. The items counted during the physical inventory are listed below. Household City's accountant provided the unit costs. Item Description December 31 Count Unit Cost 10 $250 8 300 Taylor sofas Georgia sofas Taylor chairs Taylor recliners 22 175 16 200 4 220 Georgia recliners Carolina lamps 16 20 Chicago lamps Georgia tables 10 30 28 155 Required Prepare a schedule to determine the total cost of each item in the inventory and the total cost of the complete inventory at December 31. Household City conducted a physical inventory at December 31. The items counted during the physical inventory are listed below. Household City's accountant provided the unit costs. Item Description December 31 Count Unit Cost 10 $250 8 300 Taylor sofas Georgia sofas Taylor chairs Taylor recliners 22 175 16 200 4 220 Georgia recliners Carolina lamps 16 20 Chicago lamps Georgia tables 10 30 28 155 Required Prepare a schedule to determine the total cost of each item in the inventory and the total cost of the complete inventory at December 31.

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Item Description December 31 Count Unit Cost Total Cost Taylor sofas 10 250 ... View the full answer