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Marigold Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Selling Price Cost of Completion and Disposal Item
Marigold Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Estimated Selling Price Cost of Completion and Disposal Item No. Quantity Cost per Unit Cost to Replace Normal Profit 1320 1,400 $3.33 $3.12 $4.68 $0.36 $1.30 1333 1,100 2.81 2.39 3.64 0.52 0.52 1426 1,000 4.68 3.85 5.20 0.42 1.04 1437 1,200 3.74 3.22 3.33 0.26 0.94 1510 900 2.34 2.08 3.38 0.83 0.62 1522 700 3.12 2.81 3.95 0.42 0.52 1573 3,200 1.87 1.66 2.60 0.78 0.52 1626 1,200 4.89 5.41 6.24 0.52 1.04 From the information above, determine the amount of Marigold Company inventory. The amount of Marigold Company's inventory $
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