Briet Exercise 9-3 (Algo) Lower of cost or market [LO9-1] A1 Electronics has one product in its ending Inventory. Per unit data consist of the following: cost, \$38; replacement cost, $36; selling price, $48; selling costs, $5. The normal profit is 40% of selling price. What unit value should A1 use when applying the lower of cost or market (LCM) rule to ending Inventory