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(LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No Quantity Cost per Unit Estimated Selling price
(LCNRV) Sedato 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 n sell
1320 1200 $3.20 4.50 1.60
1333 900 2.70 3.40 1.00
1426 800 4.50 5.00 1.40
1437 1000 3.60 3.20 1.35
1510 700 2.25 3.25 1.40
1522 500 3.00 3.90 0.80
1573 3000 1.80 2.50 1.20
1626 1000 4.70 6.00 1.50
From the information above, determine the amount of Sedato Company inventory.
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