1 2 3 4 5 Cost $7.80 $11.95 $7.00 $7.85 $10.75 10.25 9.15 12.75 6.65 Net realizable value Net realizable value less normal profit Market replacement cost 4.40 3.30 8.10 9.10 10.95 6.05 7.90 10.35 13.05 4.15 5.00 Determine the proper unit inventory price in the above independent cases by applying the lower of cost or market rule. Case 1 $ Case 2 $ Case 3 $ Case 4 $ Case 5 $