Check my Exercise 9-2 (Algo) Lower of cost or net realizable value [LO9-1] The inventory of Royal Decking consisted of five products. Information about the December 31, 2021, inventory is as follows: Product A B Cost $se 90 5e se le Per Unit Selling Price $ 70 110 90 se 2e D E Costs to sell consist of a sales commission equal to 20% of selling price and shipping costs equal to 10% of cost. Required: What unlt value should Royal Decking use for each of its products when applying the lower of cost or net realizable value (LCNRV) to units of ending inventory? Product Cost NRV Per Unit Inventory Value Product mono Cost sse 90 se 5e 10 Per Unit Selling Price $ 70 110 90 80 2e Costs to sell consist of a sales commission equal to 20% of selling price and shipping costs equal to 10% of cost. Required: What unit value should Royal Decking use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to units of ending inventory? Product Cost NRV Per Unit Inventory Value A B c D E