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Shamrock Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost per Unit Estimated Selling Price Cost
Shamrock Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
Item No. | Quantity | Cost per Unit | Estimated Selling Price | Cost to Complete and Sell |
1320 | 1,400 | $3.52 | $4.95 | $1.76 |
1333 | 1,100 | 2.97 | 3.74 | 1.10 |
1426 | 1,000 | 4.95 | 5.50 | 1.54 |
1437 | 1,200 | 3.96 | 3.52 | 1.49 |
1510 | 900 | 2.48 | 3.58 | 1.54 |
1522 | 700 | 3.30 | 4.29 | 0.88 |
1573 | 3,200 | 1.98 | 2.75 | 1.32 |
1626 | 1,200 | 5.17 | 6.60 | 1.65 |
From the information above, determine the amount of Shamrock Company inventory.
The amount of Shamrock Companys inventory | $ |
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