Riegel Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2025, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below.

Instructions

Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2025, for each of the inventory items above.

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Estimated selling price Cost Cost to complete Selling costs D $120 75 30 10 E $110 80 30 18 F $95 80 25 10 Item G $90 80 35 20 H $110 50 30 10 I $90 36 30 20