First, we need to round each individual item to the nearest ten dollars.
Loft bed $149.68 = $150.00
Beanbag chair $39.73 = $40.00
Storage cubes $19.85 = $20.00
Lava lamp $19.68 = $20.00
Now, we need to add up all the items to find the total cost.
Total cost = $150.00 + $40.00 + $20.00 + $20.00
Total cost = $230
Hence, the estimated total cost for the dorm room items is $230.