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Question 3 --/1 View Policies Current Attempt in Progress Tamarisk Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.
Question 3 --/1 View Policies Current Attempt in Progress Tamarisk Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit Item No. Quantity 1320 2,000 $3.71 $3.48 $5.22 $0.41 $1.45 1333 1,700 3.13 2.67 4.06 0.58 0.58 1426 1,600 5.22 4.29 5.80 0.46 1.16 1437 1,800 4.18 3.60 3.71 0.29 1.04 1510 1,500 2.61 2.32 3.77 0.93 0.70 1522 1,300 3.48 3.13 4.41 0.46 0.58 1573 3,800 2.09 1.86 2.90 0.87 0.58 1626 1,800 5.45 6.03 6.96 0.58 1.16 From the information above, determine the amount of Tamarisk Company inventory. The amount of Tamarisk Company's inventory $
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