Question: Referring to the inventory data for Sedato Company in E9-3, assume that Sedato follows the practice of pricing its inventory at the lower-of-cost-or-market, on an

Referring to the inventory data for Sedato Company in E9-3, assume that Sedato follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis.

Instructions
From the information above, determine the amount of Sedato Company inventory.

Cost of Completion Item No 1320 to Replace Norma Profit Seling Priceand Disposal 1426 1437 1,000 1573 1626 1

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