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Teal Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per No. Quantity Unit 1320 1,500 $3.39 2.86
Teal Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Cost per No. Quantity Unit 1320 1,500 $3.39 2.86 4.77 3.82 2.39 3.18 1.91 4.98 Estimated Cost of Completion and Disposal Cost to Replace $3.18 2.44 3.92 3.29 2.12 2.86 1.70 5.51 Item Selling Price Normal Profit 1.33 0.53 1.06 0.95 0.64 0.53 0.53 1.06 $4.77 3.71 5.30 3.39 1333 1,200 1426 1,100 1437 1,300 1510 1,000 1522 1573 3,300 1626 1,300 $0.37 0.53 0.42 0.27 0.85 0.42 0.80 0.53 4.03 2.65 6.36 800 From the information above, determine the amount of Teal Company inventory The amount of Teal Company's inventory
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