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Determine the amount of oriole company inventory

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Reference no: EM132420397

Oriole Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.

Item No. Quantity Cost per Unit Estimated Selling Price Cost to Complete and Sell

1320 1,600 $3.84 $5.40 $1.92

1333 1,300 3.24 4.08 1.20

1426 1,200 5.40 6.00 1.68

1437 1,400 4.32 3.84 1.62

1510 1,100 2.70 3.90 1.68

1522 900 3.60 4.68 0.96

1573 3,400 2.16 3.00 1.44

1626 1,400 5.64 7.20 1.80

From the information above, determine the amount of Oriole Company inventory.

The amount of Oriole Company's inventory$ _________?

Reference no: EM132420397

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