Ch 09 Ex 9-1 1 Exercise 9-1 (Algo) Lower of cost or net realizable value (L09-11 Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are 5 Dots as follows Cost Selling price Costs to sell Product 1 $29 67 Product $90 147 SH Product $50 97 10 etoon Required: What unikt values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory? ACK Product NRV Per Unit Inventory Value 1 2 Cost $ 20 90 . Print 3 50