Headlands Industries sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017: Unit Cost Coffee Bean Units...

Extracted text: Headlands Industries sells coffee beans, which are sensitive to price fluctuations. The following inventory information is available for this product at December 31, 2017: Unit Cost Coffee Bean Units Market Market Coffea arabica 12,100 bags $5.50 $5.46 Coffea robusta 5,200 bags 3.40 3.50 Calculate Tascon's inventory by applying the lower-of-cost-or-market basis. Tascon's inventory $