Danielle's Designer Desks Inc. sells designer desks. Most desks are standard models sold at catalog prices. The company has adopted a lower of FIFO cost or market approach applied to inventory on an individual item basis. At December 31, 2015 the following wing-bang designer desks appear in inventory: Prot Wingbang 1 Wingbang 2Wingbang 3 1,500 $ $ 1,325 $ S 1,355 $ 2,500 1,525 $ 1,800 1,490 $ 1,745 1,750 $ 2015 catalog selling price FIFO cost per inventory list Replacement cost Costs of disposal Normal" gross profit margin 150 $ 175 $ 250 15% 50 18% 100 20% 150 # of units in 12-31-15 inventory 21- 23 Calculate the "Designated Market" unit cost for 21 Wingbang 1 22 Wingbang 2 23 Wingbang 3 24 -26 Calculate "LCM" unit cost for 24 Wingbang 1 25 Wingbang 2 26 Wingbang 3 27 Calculate the total inventory write-down for ALL desks