help please 3 Your answer is incorrect. Try again. Bramble Company follows the p
ID: 2522786 • Letter: H
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help please
3 Your answer is incorrect. Try again. Bramble Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Cost of Completion Normal and Disposal Profit Cost perCost to Selling No. Quantity Unit ReplacePrice 1320 1,800 $3.58$3.36 2.58 4.14 3.47 2.24 3.02 1.79 $5.04 3.92 5.60 3.58 3.64 4.26 2.80 6.72 $0.39 0.56 0.45 0.28 0.90 0.45 0.84 0.56 $1.40 0.56 1.12 1.01 0.67 0.56 0.56 1.12 1333 1,500 3.02 1426 1,400 5.04 4.03 1437 1,600 1510 1,300 2.52 1522 1,100 3.36 1573 3,600 1626 1.600 526 5.82 2.02 From the information above, determine the amount of Bramble Company inventory. The amount of Bramble Company's inventory Click if you would like to Show Wwork for this question: Open Show WorkExplanation / Answer
1 2 3 4 5 6 7 8 9 Item No. Cost per unit Cost to replace Estimated selling price Cost of completion and disosal NRV* Normal Profit MV Lower of Cost or MV Quantity Final inventory value (3)-(4) (5)-(6) (Lower of 2 or 5) (Higher of 7 or 8 (Lower of 1 or 9) 1320 3.58 3.36 5.04 0.39 4.65 1.4 3.25 3.36 3.36 3.36 1800 6048 1333 3.02 2.58 3.92 0.56 3.36 0.56 2.8 2.58 2.8 2.8 1500 4200 1426 5.04 4.14 5.6 0.45 5.15 1.12 4.03 4.14 4.14 4.14 1400 5796 1437 4.03 3.47 3.58 0.28 3.3 1.01 2.29 3.3 3.3 3.3 1600 5280 1510 2.52 2.24 3.64 0.9 2.74 0.67 2.07 2.24 2.24 2.24 1300 2912 1522 3.36 3.02 4.26 0.45 3.81 0.56 3.25 3.02 3.25 3.25 1100 3575 1573 2.02 1.79 2.8 0.84 1.96 0.56 1.4 1.79 1.79 1.79 3600 6444 1626 5.26 5.82 6.72 0.56 6.16 1.12 5.04 5.82 5.82 5.26 1600 8416 Final inventory value 42671
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