6-Lower-of-cost-or-market Determine the proper unit inventory price in the following independent cases by applying the lower of cost or market rule. Circle your choice. 5 Cost Net realizable value Net realizable value less normal profit 8.15 9.00 11.40 Market replacement cost $7.80 $10.50 $11.80 $6.00 $7.20 8.85 10.00 12.20 4.25 6.90 6.50 5.40 3.75 7.90 10.10 12.50 4.00