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How much is a mass production aluminium frame worth?

There are several entry level bikes under $600. I actually own one, an excellent Felt F95. I was just curious, how much is a frame of such a bicycle worth?

In total, what is the cost of a frame in a bicycle built using a Shimano Sora groupset, FSA cranks, Suntour rear mech, white-labelled brakes and Alexrims wheels on Vittorio tubes and tires?