Description Category Cost Market Type 1.1 Type 1 $275 $473 Type 1.2


Type 1.1Type 1$275$473
Type 1.2Type 1$128$217
Total Type 1$403$690
Type 2.1Type 2$922$742
Type 2.2Type 2$280$514
Total Type 2$1,202$1,256
Type 3.1Type 3$828$438
Type 3.2Type 3$66$452
Total Type 3$894$890
Grand Total $2,499$2,836

Using the above information, under LCNRV, assume the company applies the rule based on the total cost of the inventory of category. What is the amount of total inventory?

Select one:

a. $2,495

b. $1,929

c. $2,836

d. $2,499

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