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Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Estimated Selling Price Cost to Replace $3.60
Oriole Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Estimated Selling Price Cost to Replace $3.60 Normal Profit Item No. Unit Cost of Completion and Disposal $0.42 0.60 1320 $3.84 Quantity 1,400 1,100 1,000 $1.50 $5.40 4.20 1333 3.24 2.76 0.60 1426 5.40 4.44 6.00 0.48 1.20 1437 1,200 4.32 3.72 3.84 0.30 1.08 1510 900 2.70 2.40 3.90 0.96 0.72 1522 700 3.60 3.24 4.56 0.48 0.60 1573 3,200 2.16 1.92 3.00 0.90 0.60 1626 1,200 5.64 6.24 7.20 0.60 1.20 From the information above, determine the amount of Oriole Company inventory. The amount of Oriole Company's inventory 35095
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