Estimated Selling Unit Cost Replacement Cost/Unit Completion & Disposal Cost/Unit Normal Profit Margin/Unit Item Quantity [49] 4,772 $1.75 $G.2B $2.2 $2.59 3,2? 51? X8B2 2195 ;, 45 8.00 12. [], $1234 27.3 1?53 12.org 425 .,02 15,4E11E.3w 19,795) 12.26 7,395 2,32 1,55 7. B0 1 20 4.Y! za4f C3, 77 1.B1 1, Calculate the lower of cost or market using the Individual-Item approach. (Round answers to 2 decimal places, s. 52.75.) Lower-of-Cost-or-Market Per unit basis) X49) ; X512 $ X62 x195 $ XE4 Textbook and Media List of Accounts Show the Journal entries Skyson Inc. will need to make in order to write down the ending Inventory from cost to market. Assume this is Skysone's first year of operations. (Credit account Cities are automatically indented when amount is entered. Do not indent manually. Round answers to decimal places, eg. 5,275.) Debit Credit Account Titles and Explanation Cost of Goods sold Method: Loss method