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Page 9-27 E9.3 (LO1) (LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV on an individual dem basis Item No. Quantity
Page 9-27 E9.3 (LO1) (LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV on an individual dem basis Item No. Quantity Cost per Unit Estimated Selling Price Cost to Complete and Sell 1320 1,200 $3.20 $4.50 $1.60 1333 900 270 3.40 1.00 1426 800 4.50 5.00 1.40 1437 1000 3.60 3.20 1.35 1510 700 225 3.25 1.40 1522 500 3.00 3.90 0.80 1573 3000 1.80 250 1.20 1626 1,000 4.70 6.00 1.50 Instructions From the information above, determine the amount of Sedato Company inventory
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