Sage Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis.
| Item No. |
Quantity |
Cost
per Unit |
Estimated
Selling Price |
Cost to Complete
and Sell |
| 1320 |
2,000 |
$3.71 |
$5.22 |
$1.86 |
| 1333 |
1,700 |
3.13 |
3.94 |
1.16 |
| 1426 |
1,600 |
5.22 |
5.80 |
1.62 |
| 1437 |
1,800 |
4.18 |
3.71 |
1.57 |
| 1510 |
1,500 |
2.61 |
3.77 |
1.62 |
| 1522 |
1,300 |
3.48 |
4.52 |
0.93 |
| 1573 |
3,800 |
2.09 |
2.90 |
1.39 |
| 1626 |
1,800 |
5.45 |
6.96 |
1.74 |
From the information above, determine the amount of Sage Company inventory.