Sedato company follows the practice of pricing its

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Sedato Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Item No. Quantity Cost per Unit Cost to Replace Estimated
Selling Price
Cost of Completion and Disposal Normal Profit
1320

1,200


$4.54
$4.26

$6.39


$0.50


$1.78


1333

900


3.83
3.27

4.83


0.71


0.71


1426

800


6.39
5.25

7.10


0.57


1.42


1437

1,000


5.11
4.40

4.54


0.64


1.28


1510

700


3.20
2.84

4.62


1.14


0.85


1522

500


4.26
3.83

5.54


0.57


0.71


1573

3,000


2.56
2.27

3.55


1.07


0.71


1626

1,000


6.67
7.38

8.52


0.71


1.42


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

Reference no: EM13377847

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