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Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Selling Price $4.91 3.82 5.45 Cost of Completion
Bonita Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Selling Price $4.91 3.82 5.45 Cost of Completion and Disposal $0.38 0.55 Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Cost per Unit $3.49 2.94 4.91 3.92 2.45 3.27 1.96 5.12 Quantity 1,700 1,400 1,300 1,500 1,200 1,000 3,500 1,500 Cost to Replace $3.27 2.51 4.03 3.38 2.18 2.94 1.74 5.67 3.49 Normal Profit $1.36 0.55 1.09 0.98 0.65 0.55 0.55 1.09 0.44 0.27 0.87 0.44 0.82 0.55 3.54 4.14 2.73 6.54 From the information above, determine the amount of Bonita Company inventory. The amount of Bonita Company's inventory s
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