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Crane Company sells product 2005WSC for $95 per unit. The cost of one unit of 2005WSC is $92, and the replacement cost is $91. The

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Crane Company sells product 2005WSC for $95 per unit. The cost of one unit of 2005WSC is $92, and the replacement cost is $91. The estimated cost to dispose of a unit is $6, and the norm profit is 40% of selling price. At what amount per unit should product 2005WSC be reported, applying lower-of-cost-or-market? sen O $92 0591

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