Question: Question 3 Cullumber Company dolls coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31,

Question 3 Cullumber Company dolls coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017: O out of 2 points Unt cost Coffee Bean Type Coffea Arabica Market Value Unit Units of inventory 15,200 55/40 Coffea robusta 6.100 54.20 5600 Calculate the value Culumber should report for ending inventory on December 31, 2017 after applying the lower-of-cost or market rule Selected Answer $106484

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