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Question 1 Coronado 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
Question 1 Coronado 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 Cost per No. Quantity Unit $3.46 2.92 4.86 3.89 2.43 3.24 1.94 5.08 Cost to Replace $3.24 2.48 4.00 3.35 2.16 2.92 1.73 5.62 Normal Profit $1.35 0.54 1.08 0.97 0.65 0.54 0.54 1.08 Item 1320 1,600 1333 1,300 1426 1,200 1437 1,400 1510 1,100 1522 15733,400 1626 1,400 $4.86 3.78 5.40 3.46 3.51 4.10 2.70 6.48 $0.38 0.54 0.43 0.27 0.86 0.43 0.81 0.54 900 From the information above, determine the amount of Coronado Company inventory The amount of Coronado Company's inventory
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