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Cheyenne 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
Cheyenne 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 | 1,900 | $3.42 | $4.82 | $1.71 | ||||
1333 | 1,600 | 2.89 | 3.64 | 1.07 | ||||
1426 | 1,500 | 4.82 | 5.35 | 1.50 | ||||
1437 | 1,700 | 3.85 | 3.42 | 1.44 | ||||
1510 | 1,400 | 2.41 | 3.48 | 1.50 | ||||
1522 | 1,200 | 3.21 | 4.17 | 0.86 | ||||
1573 | 3,700 | 1.93 | 2.68 | 1.28 | ||||
1626 | 1,700 | 5.03 | 6.42 | 1.61 |
From the information above, determine the amount of Cheyenne Company inventory.
The amount of Cheyenne Companys inventory |
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