Diamond Estates and Botanicals produces floral arrangements for every occasion.

A.

At the end of the third quarter of 2021, inventory of Diamond Estates and Botanicals consisted of the following items, for which certain information is provided below.

Items	Cost ($)	Estimated Completion Cost ($)	Expected Selling Price ($)	Estimated Cost to Sell ($)
A101	25	6	40	4
P215	42	12	58	8
R405	120	25	150	15
Q177	18	3	26	2

REQUIRED:

In accordance with IAS 2, what unit amount should each item of inventory be valued at for the purpose of preparing interim financial statements at the end of the third quarter. Complete the schedule provided.

Items	NRV ($)	Cost ($)	Financial Statement Per Unit Valuation ($)
A101	Answer	Answer	Answer
P215	Answer	Answer	Answer
R405	Answer	Answer	Answer
Q177	Answer	Answer	Answer