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ating VIUS.COM aseguents/3753831 VwPOTUS Current Attempt in Progress Presented below is Information related to Vaughn Inc.'s inventory, assuming Vaughnuses lower-of-UFO cost-op-market Lice and wal (per

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ating VIUS.COM aseguents/3753831 VwPOTUS Current Attempt in Progress Presented below is Information related to Vaughn Inc.'s inventory, assuming Vaughnuses lower-of-UFO cost-op-market Lice and wal (per unit) Cel Con Boots Parkas Historical cost Skis $247.00 275.60 upport $137.80 188.50 Selling price $68.90 95.88 Cost to distribute 24.70 10.40 3.25 Current replacement cost 263.90 41.60 Normal profit margin 136.50 37.70 66.30 27.63 Determine the following: (a) The two limits to market value tie, the ceiling and the floor) that should be used in the lower of cost-or-market computation for skis (Round answers to 2 decimal places, 5275) Ceiling Limit Floor Limit (b) The amount that should be used in the lower-of-cost or market comparison of boots Round answers to 2 decimal places, s. 52.750 . $2750 (c) The amount that should be used to value parkas on the basis of the lower of-cost-or-market (Round answers to 2 decimal places e Textbook and Media Attempts of used

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