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Exercise 9-7 Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit Normal Profit Item No.
Exercise 9-7 Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit Normal Profit Item No. 1320 1333 1426 1437 1510 1522 1573 1626 Quantity 1,400 1,100 1,000 1,200 900 $3.30 2.78 4.64 3.71 2.32 3.09 1.85 4.84 Cost to Replace $3.09 2.37 3.81 3.19 2.06 2.78 1.65 5.36 Estimated Selling Price $4.64 3.61 5.15 3.30 3.35 3.91 2.58 6.18 Cost of Completion and Disposal $0.36 0.52 0.41 0.26 0.82 0.41 0.77 0.52 $1.29 0.52 1.03 0.93 0.62 0.52 0.52 1.03 700 3,200 1,200 From the information above, determine the amount of Oriole Company inventory. The amount of Oriole Company's inventory
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