Determine the unit value that should be used for inventory costing following lower-of-cost-or-market value. (Round answers...
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Determine the unit value that should be used for inventory costing following "lower-of-cost-or-market value". (Round answers to 2 decimal places, eg. 52.75) A B C D E F Cost $2.50 $2.39 $2.50 $2.64 $2.44 $2.44 Replacement cost 1.90 2.70 1.90 2.62 2.39 2.46 Net realizable value 2.65 2.65 2.65 2.46 2.50 2.50 Net realizable value less normal profit 2.40 2.45 2.55 2.25 2.37 2.37 Case A Case B $ Case C $ Case D $ Case E $ Case F $ Determine the unit value that should be used for inventory costing following "lower-of-cost-or-market value". (Round answers to 2 decimal places, eg. 52.75) A B C D E F Cost $2.50 $2.39 $2.50 $2.64 $2.44 $2.44 Replacement cost 1.90 2.70 1.90 2.62 2.39 2.46 Net realizable value 2.65 2.65 2.65 2.46 2.50 2.50 Net realizable value less normal profit 2.40 2.45 2.55 2.25 2.37 2.37 Case A Case B $ Case C $ Case D $ Case E $ Case F $
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