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Compute the total cost of the entire inventory

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Reference no: EM13988188

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 ______________$

Reference no: EM13988188

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