4.

The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, inventory is as follows: Product B Cost $ 52 92 52 112 32 Per Unit Replacement Cost $ 47 82 67 82 40 Selling Price $ 72 112 92 142 D E 42 Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal profit is 40% of selling price. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? (Do not round intermediate calculations. Round final answers to 2 decimal places.) Product Cost Replacement cost NRV NRV - NP Market $ $ 47 B 82 | D 67 82 40 E onsisted of five products. Information about is as follows: Unit Cost Selling Price $ 72 112 92 142 42 commission equal to 10% of selling price and Ost. The normal profit is 40% of selling price. ecking use for each of its products when arket (LCM) rule to units of ending inventory? Iculations. Round final answers to 2 decimal ent NRV NRV - NP Market Per Unit Inventory Value 47 82 67 82 40