The following are the cost, estimated sales value, and the cost to complete for the items of inventory held by My Sweetie Ltd at December 31, 2013.

Item (inventory) Cost (GH) Estimated Selling Price (GH) Cost to Complete (GH) Number of Units

A 2.00 2.50 0.50 500

B 4.00 4.00 0.80 1,000

C 6.00 10.00 1.00 750

D 5.00 6.00 2.00 750

E 1.00 1.20 0.25 2,500

You are required to determine the cost of each item of inventory and the total inventory cost of My Sweetie Ltd.