The following information applies to the questions displayed below
A local Chevrolet dealership carries the following types of vehicles:
|
|
|
Cost per
|
Market
(replacement cost)
|
|
Inventory Items
|
Quantity
|
Unit
|
per unit
|
|
Vans
|
3
|
$21,700
|
$19,300
|
|
-frocks
|
8
|
16,300
|
16,000
|
|
2-door sedans
|
8
|
12,400
|
13,700
|
|
4-door sedans
|
3
|
16.900
|
18,300
|
|
Sports cars
|
5
|
32,600
|
34,200
|
|
SUVs
|
8
|
28,100
|
22,200
|
Because of recent Increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, vans, and trucks.
Required
1. Compute the total cost of the entire inventory. (Omit the "$" sign in your response)
Total Cost ______________$