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edato 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

edato 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 $3.2 $3 $4.5 $0.35 $1.25

1333

900 2.7 2.3 3.5 0.5 0.5

1426

800 4.5 3.7 5 0.4 1

1437

1,000 3.6 3.1 3.2 0.25 0.9

1510

700 2.25 2 3.25 0.8 0.6

1522

500 3 2.7 3.8 0.4 0.5

1573

3,000 1.8 1.6 2.5 0.75 0.5

1626

1,000 4.7 5.2 6 0.5 1

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

The amount of Sedato Companys inventory

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