Questions
Martinez Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Martinez Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit
1320 1,600 $3.46 $3.24 $4.86 $0.38 $1.35
1333 1,300 2.92 2.48 3.78 0.54 0.54
1426 1,200 4.86 4.00 5.40 0.43 1.08
1437 1,400 3.89 3.35 3.46 0.27 0.97
1510 1,100 2.43 2.16 3.51 0.86 0.65
1522 900 3.24 2.92 4.10 0.43 0.54
1573 3,400 1.94 1.73 2.70 0.81 0.54
1626 1,400 5.08 5.62 6.48 0.54 1.08


From the information above, determine the amount of Martinez Company inventory.

The amount of Martinez Company’s inventory

In: Accounting

Skysong Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Skysong Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,500 $3.39 $3.18 $4.77 $0.37 $1.33

1333

 1,200 2.86 2.44 3.71 0.53 0.53

1426

 1,100 4.77 3.92 5.30 0.42 1.06

1437

 1,300 3.82 3.29 3.39 0.27 0.95

1510

 1,000 2.39 2.12 3.45 0.85 0.64

1522

 800 3.18 2.86 4.03 0.42 0.53

1573

 3,300 1.91 1.70 2.65 0.80 0.53

1626

 1,300 4.98 5.51 6.36 0.53 1.06


From the information above, determine the amount of Skysong Company inventory.

The amount of Skysong Company’s inventory $enter the dollar amount of Skysong Company's inventory

In: Accounting

Sarasota Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Sarasota Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit
1320 1,600 $3.42 $3.21 $4.82 $0.37 $1.34
1333 1,300 2.89 2.46 3.75 0.54 0.54
1426 1,200 4.82 3.96 5.35 0.43 1.07
1437 1,400 3.85 3.32 3.42 0.27 0.96
1510 1,100 2.41 2.14 3.48 0.86 0.64
1522 900 3.21 2.89 4.07 0.43 0.54
1573 3,400 1.93 1.71 2.68 0.80 0.54
1626 1,400 5.03 5.56 6.42 0.54 1.07


From the information above, determine the amount of Sarasota Company inventory.

The amount of Sarasota Company’s inventory : $

In: Accounting

Swifty Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Swifty Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,400 $3.30 $3.09 $4.64 $0.36 $1.29

1333

 1,100 2.78 2.37 3.61 0.52 0.52

1426

 1,000 4.64 3.81 5.15 0.41 1.03

1437

 1,200 3.71 3.19 3.30 0.26 0.93

1510

 900 2.32 2.06 3.35 0.82 0.62

1522

 700 3.09 2.78 3.91 0.41 0.52

1573

 3,200 1.85 1.65 2.58 0.77 0.52

1626

 1,200 4.84 5.36 6.18 0.52 1.03


From the information above, determine the amount of Swifty Company inventory.

The amount of Swifty Company’s inventory

$enter the dollar amount of Swifty Company's inventory

In: Accounting

Kingbird Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Kingbird Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,500 $3.87 $3.63 $5.45 $0.42 $1.51

1333

 1,200 3.27 2.78 4.24 0.61 0.61

1426

 1,100 5.45 4.48 6.05 0.48 1.21

1437

 1,300 4.36 3.75 3.87 0.30 1.09

1510

 1,000 2.72 2.42 3.93 0.97 0.73

1522

 800 3.63 3.27 4.60 0.48 0.61

1573

 3,300 2.18 1.94 3.03 0.91 0.61

1626

 1,300 5.69 6.29 7.26 0.61 1.21


From the information above, determine the amount of Kingbird Company inventory.

The amount of Kingbird Company’s inventory

$enter the dollar amount of Kingbird Company's inventory

In: Accounting

Vaughn Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Vaughn Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit
1320 1,400 $3.30 $3.09 $4.64 $0.36 $1.29
1333 1,100 2.78 2.37 3.61 0.52 0.52
1426 1,000 4.64 3.81 5.15 0.41 1.03
1437 1,200 3.71 3.19 3.30 0.26 0.93
1510 900 2.32 2.06 3.35 0.82 0.62
1522 700 3.09 2.78 3.91 0.41 0.52
1573 3,200 1.85 1.65 2.58 0.77 0.52
1626 1,200 4.84 5.36 6.18 0.52 1.03


From the information above, determine the amount of Vaughn Company inventory.

The amount of Vaughn Company’s inventory

In: Accounting

Whispering Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Whispering Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,800 $3.55 $3.33 $5.00 $0.39 $1.39

1333

 1,500 3.00 2.55 3.89 0.56 0.56

1426

 1,400 5.00 4.11 5.55 0.44 1.11

1437

 1,600 4.00 3.44 3.55 0.28 1.00

1510

 1,300 2.50 2.22 3.61 0.89 0.67

1522

 1,100 3.33 3.00 4.22 0.44 0.56

1573

 3,600 2.00 1.78 2.78 0.83 0.56

1626

 1,600 5.22 5.77 6.66 0.56 1.11


From the information above, determine the amount of Whispering Company inventory.

The amount of Whispering Company’s inventory

$enter the dollar amount of Whispering Company's inventory

In: Accounting

Splish Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Splish Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,600 $3.97 $3.72 $5.58 $0.43 $1.55

1333

 1,300 3.35 2.85 4.34 0.62 0.62

1426

 1,200 5.58 4.59 6.20 0.50 1.24

1437

 1,400 4.46 3.84 3.97 0.31 1.12

1510

 1,100 2.79 2.48 4.03 0.99 0.74

1522

 900 3.72 3.35 4.71 0.50 0.62

1573

 3,400 2.23 1.98 3.10 0.93 0.62

1626

 1,400 5.83 6.45 7.44 0.62 1.24


From the information above, determine the amount of Splish Company inventory.

The amount of Splish Company’s inventory

$enter the dollar amount of Splish Company's inventory

In: Accounting

Concord Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Concord Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,500 $3.36 $3.15 $4.73 $0.37 $1.31

1333

 1,200 2.84 2.42 3.68 0.53 0.53

1426

 1,100 4.73 3.89 5.25 0.42 1.05

1437

 1,300 3.78 3.26 3.36 0.26 0.95

1510

 1,000 2.36 2.10 3.41 0.84 0.63

1522

 800 3.15 2.84 3.99 0.42 0.53

1573

 3,300 1.89 1.68 2.63 0.79 0.53

1626

 1,300 4.94 5.46 6.30 0.53 1.05


From the information above, determine the amount of Concord Company inventory.

The amount of Concord Company’s inventory

$enter the dollar amount of Concord Company's inventory

In: Accounting

Blue Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis....

Blue Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No.

Quantity

Cost per Unit

Cost to Replace

Estimated Selling Price

Cost of Completion and Disposal

Normal Profit

1320

 1,500 $3.90 $3.66 $5.49 $0.43 $1.53

1333

 1,200 3.29 2.81 4.27 0.61 0.61

1426

 1,100 5.49 4.51 6.10 0.49 1.22

1437

 1,300 4.39 3.78 3.90 0.31 1.10

1510

 1,000 2.75 2.44 3.97 0.98 0.73

1522

 800 3.66 3.29 4.64 0.49 0.61

1573

 3,300 2.20 1.95 3.05 0.92 0.61

1626

 1,300 5.73 6.34 7.32 0.61 1.22


From the information above, determine the amount of Blue Company inventory.

The amount of Blue Company’s inventory

$enter the dollar amount of Blue Company's inventory

In: Accounting