Business, 16.06.2020 20:57 rebekah2503

Sheffield Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item No. Quantity Cost per Unit Cost to Replace Estimated Selling Price Cost of Completion and Disposal Normal Profit
1320 1,300 $3.74 $3.51 $5.27 $0.41 $1.46
1333 1,000 3.16 2.69 4.10 0.59 0.59
1426 900 5.27 4.33 5.85 0.47 1.17
1437 1,100 4.21 3.63 3.74 0.29 1.05
1510 800 2.63 2.34 3.80 0.94 0.70
1522 600 3.51 3.16 4.45 0.47 0.59
1573 3,100 2.11 1.87 2.93 0.88 0.59
1626 1,100 5.50 6.08 7.02 0.59 1.17
From the information above, determine the amount of Bolton Company inventory.

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Sheffield Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on a...

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