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Current Attempt in Progress Crane 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

Current Attempt in Progress

Crane 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

1,300 $3.23 $3.03 $4.55 $0.35 $1.26

1333

1,000 2.73 2.32 3.54 0.51 0.51

1426

900 4.55 3.74 5.05 0.40 1.01

1437

1,100 3.64 3.13 3.23 0.25 0.91

1510

800 2.27 2.02 3.28 0.81 0.61

1522

600 3.03 2.73 3.84 0.40 0.51

1573

3,100 1.82 1.62 2.53 0.76 0.51

1626

1,100 4.75 5.25 6.06 0.51 1.01

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

The amount of Crane Companys inventory

$enter the dollar amount of Crane Company's inventory

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