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9. Assume in each case that the selling expenses are $7 per unit and that the normal profit is $6 per unit. Calculate the
9. Assume in each case that the selling expenses are $7 per unit and that the normal profit is $6 per unit. Calculate the limits for each case. Then enter the amount that should be used for lower of cost or market. Selling Price (c) (d) @00 (a) $40 (b) 39 45 36 Ceiling Upper Limit Replacement Cost Floor Lower Limit Cost LCM $28 $30 25 30 28 30 30 30
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