Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2020, for each of the inventory items above. E9.3 (LO 1) (LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Instructions Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Cost Quantity per Unit 1,200 900 800 1,000 700 500 3,000 1,000 $3.20 2.70 4.50 3.60 2.25 3.00 1.80 4.70 Estimated Selling Price $4.50 3.40 5.00 3.20 3.25 3.90 2.50 6.00 information above determine the amount of Sedato Company inventory. Cost to Complete and Sell $1.60 1.00 1.40 1.35 1.40 0.80 1.20 1.50

Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31,2020 , for each of the inventory items above. E9.3 (LO 1 ) (LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Instructions