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Check The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, Inventory is as follows: Product Coat Per Unit Replacement

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Check The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, Inventory is as follows: Product Coat Per Unit Replacement Cost Selling Price Selling costs consist of a sales commission equal to 10% of selling price and shipping costs equal to 5% of cost. The normal gross pe percentage is 30% of selling price. 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? Product Cost Replacement NAY NAYNP Market Per Unit Inventory 5 Os 30 40 35 70 55 70 Prev 1 of 7 !!! Next >

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