ACCOUNTING-Determine the proper carrying value of each inventory item using

QUESTION

Determine the proper carrying value of each inventory item using the lower of cost or market method.ItemCostReplacement CostEstimated Sales PriceDisposal CostsNormal ProfitA11.0010.0016.001.804.00B12.0012.0020.001.602.50C5.004.009.501.901.00D14.0015.0015.002.403.50Can someone explain to me what the Disposal Cost is? And how to calculate this problem?

ANSWER:

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