E9-2 (L01) (LCNRV) Riegel Company uses the LCNRV method, on an individual item basis, in pricing its inventory items. The inventory at December 31, 2017, consists of products D, E, F, G, H, and I. Relevant per unit data for these products appear below. D $120 $110 $110 $90 Estimated selling price Cost Cost to complete Selling costs 30 18 Instructions Using the LCNRV rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2017, for each of the inventory items above. E9-3 (L01) (LCNRV) Sedato Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Quantity 1,200 900 Item No. 1320 1333 1426 1437 1510 1522 1573 Cost per Unit $3.20 2.70 4.50 3.50 2.25 800 Estimated Selling Price $4.50 3.40 5.00 3.20 3.25 3.90 2.50 6.00 Cost to Complete and Sell $1.60 1.00 1.40 1.35 1.10 0.80 1.20 1,000 700 500 3.000 100 1.80 1626 1,000 4.70 1.50 Instructions From the information above, determine the amount of Sedato Company inventory. EQ.4 1041 ( LNPVloral Entries aroma hadan narations in 2017 and datermined ite ondine intentorat