Ch 9 - Part A Homework 0 Saved GP CUVUE The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, inventory is as follows: 3 Product Cost $ 53 93 53 113 33 B D E Per Unit Replacement Cost $ 48 83 68 83 41 Selling Price $ 73 113 93 143 43 2 points Selling costs consist of a sales commission equal to 15% of selling price and shipping costs equal to 5% of cost. The normal profit is 35% of selling price. eBook Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or market (LCM) rule to units of ending inventory? (Do not round Intermediate calculations. Round final answers to 2 decimal places.) Print References Product Cost Replacement cost NRV NRV - NP Market Per Unit Inventory Value A $ 53 $ 48 B 93 83 53 68 D 83 113 33 E 41