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1. Compute the total cost of the entire inventory [The following information applies to the questions displayed below.) A local Chevrolet dealership carries the following

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1. Compute the total cost of the entire inventory
[The following information applies to the questions displayed below.) A local Chevrolet dealership carries the following types of vehicles: Inventory Items Vans Trucks 2-door sedans' 4-door sedans Sports cars SUVs Quantity 3 6 2 7 3 5 UwJNO Unit Cost $ 26,500 17,900 12,900 16,900 36,500 29,800 Unit NRV $24,500 16,900 14,900 19,900 39,500 27,500 Because of recent increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, vans, and trucks

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