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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
$19,300
-frocks
8
16,300
16,000
2-door sedans
12,400
13,700
4-door sedans
16.900
18,300
Sports cars
5
32,600
34,200
SUVs
28,100
22,200
Because of recent Increases in gasoline prices, the car dealership has noticed a reduced demand for its SUVs, vans, and trucks.
Required
1. Compute the total cost of the entire inventory. (Omit the "$" sign in your response)
Total Cost ______________$
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