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72. Given the acquisition cost of product ALPHA is $21, the net realizable value for product ALPHA is $20, the normal profit for product ALPHA

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72. Given the acquisition cost of product ALPHA is $21, the net realizable value for product ALPHA is $20, the normal profit for product ALPHA is $1.50, and the market value (replacement cost) for product ALPHA is $18, what is the proper per unit inventory value for product ALPHA applying LCM? a. $21.00. b. $18.50 c. $18.00. cl. $20.00

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