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Exercise 9-07
Windsor 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 | | 1,600 | | | $3.46 | | | $3.24 | | | $4.86 | | | $0.38 | | | $1.35 | |
| 1333 | | 1,300 | | | 2.92 | | | 2.48 | | | 3.78 | | | 0.54 | | | 0.54 | |
| 1426 | | 1,200 | | | 4.86 | | | 4.00 | | | 5.40 | | | 0.43 | | | 1.08 | |
| 1437 | | 1,400 | | | 3.89 | | | 3.35 | | | 3.46 | | | 0.27 | | | 0.97 | |
| 1510 | | 1,100 | | | 2.43 | | | 2.16 | | | 3.51 | | | 0.86 | | | 0.65 | |
| 1522 | | 900 | | | 3.24 | | | 2.92 | | | 4.10 | | | 0.43 | | | 0.54 | |
| 1573 | | 3,400 | | | 1.94 | | | 1.73 | | | 2.70 | | | 0.81 | | | 0.54 | |
| 1626 | | 1,400 | | | 5.08 | | | 5.62 | | | 6.48 | | | 0.54 | | | 1.08 | |
From the information above, determine the amount of Windsor Company inventory.
| The amount of Windsor Companys inventory | | $enter the dollar amount of Windsor Company's inventory |
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