Steven Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
Steven Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. /> Item No. Quantity Costper Unit EstimatedSelling Price Cost to Completeand Sell 1320 1,300 $3.74 $5.27 $1.87 1333 1,000 3.16 3.98 1.17 1426 900 5.27 5.85 1.64 1437 1,100 4.21 3.74 1.58 1510 800 2.63 3.80 1.64 1522 600 3.51 4.56 […]