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Exercise 9-7 Martinez Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit $3.94 3.32 Item No.

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Exercise 9-7 Martinez Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit $3.94 3.32 Item No. 1320 1333 1426 1437 1510 1522 1573 1626 5.54 Cost of Completion and Disposal $0.43 0.62 0.49 Quantity 1,600 1,300 1,200 1,400 1,100 900 3,400 1,400 Estimated Selling Price $5.54 4.31 6.15 3.94 4.00 4.67 3.08 7.38 Cost to Replace $3.69 2.83 4.55 3.81 2.46 3.32 1.97 6.40 Normal Profit $1.54 . 0.62 1.23 1.11 0.74 0.62 0.62 1.23 0.31 4.43 2.77 3.69 2.21 5.78 0.98 0.49 0.92 0.62 From the information above, determine the amount of Martinez Company inventory. The amount of Martinez Company's inventory Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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