Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item...
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Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
Can you put the answer in bold and underline it please. Thanks so much for the help!!!
Question 3 Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Item No. Quantity 1,900 1,600 1,500 1,700 1,400 1,200 3,700 1,700 1320 1333 1426 1437 1510 1522 1573 1626 $3.62 3.05 5.09 4.07 2.54 3.39 2.03 5.31 $3.39 2.60 4.18 3.50 2.26 3.05 1.81 5.88 $5.09 3.96 5.65 3.62 3.67 4.29 2.83 6.78 $0.40 0.57 0.45 0.28 0.90 0.45 0.85 0.57 Normal Proft $1.41 0.57 1.13 1.02 0.68 0.57 0.57 1.13 From the information above, determine the amount of Oriole Company inventory The amount of Oriole Company's inventory $
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