4 Exercise 9-4 (Algo) Lower of cost or market [LO9-1] 0.41 ponts 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: eBook Cost Pit Replacement cost Selling price Selling costs mences Normal profit Required: Product 1 $ 39 Product 2 $109 Product $69 37 104 59 59 139 63 34 12 24 49 31 What unit values should Han use for each of its products when applying the lower of cost or market (LCM) rule to ending inventory? Product Cost Replacement cost NRV NRV minus NP Market Per Unit Inventory Value 1 S 30 $ 37 S 51 5 27 2 3 109 104 106 50 69 50 51 20