$2$

Han Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows:

$\backslash$table$[[,$Product $1,$Product $2,$Product $3],[$Cost$,$$$21,$$$91,$$$51],[$Replacement cost$,19,86,41],[$Selling price,$41,121,60],[$Selling costs,$6,40,9],[$Normal profit,$6,31,13]]$

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What unit values should Han use for each of its products when applying the lower of cost or market $($LCM$)$ rule to ending inventory?

References

$\backslash$table$[[$Product$,,,\backslash$table$[[$Replacement$],[$cost$]],$NRV$,$NRV minus NP$,$Market,$\backslash$table$[[$Per Unit$],[$Inventory$],[$Value$]]],[1,$$$,21,19,$I,,,$],[2,,91,86,,,,],[3,,51,41,,,,]]$