5. Oslo Corporation has two products in its ending inventory, lower ofcost or market. A profit margin of30% on selling price is considered normal for each accounted for at the each product. Specific data with respect to each product follows: Product Product #2 S 18 14 Historical cost $9 Replacement cost Estimated cost to dispose Estimated selling price In pricing its ending inventory using the lower-of-cost-or-market, what unit values, rounded to the nearest dollar, should Oslo use for products #1 and #2, respectively? A) $10 and $16. B) $13 and $14. C) $13 and $15. D) $9 and $16. 20 6. Grover Corporation purchased a truck at the beginning of 2017 for $109,200. The truck is estimated to have a salvage value of $4,200 and a useful life of 120,000 miles. It was driven 21,000 miles in 2017 and 29,000 miles in 2018. What is the depreciation expense for 2018? A) $19,845 B) $18,375 C) $25,375 D) S26,250 7. June Corp. sells one product and uses a perpetual inventory system. The be inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 480 units at $20 each. Sales during the month totaled 440 units for $43 each. What is the number of units in the ending inventory? A) 80 units B) 120 units. C) 200 units. D) 560 units